Question: You place $ 5 0 0 into your checking account at First Bank and earn 1 % APR on your deposit. Your professor bo money

You place $500 into your checking account at First Bank and earn 1% APR on your deposit. Your professor bo money at a rate of 8% from the same bank for a fuition lown for her son. Which of the following statements is try
A) The bank is criminally liable to you for paying an interest rate lower than the expected rate of inflation.
B) You terefit from earning interest on your deposit, safety for your funds, and having a recognizable means for for your financiat of tigations without having to hald exh.
C) Your professor is the only party to be made worne off by this example because she is the only party paying ne
D) You and your professor have an obvious condict of interest because you hav ?1 accounts at the same financial in
You place $ 5 0 0 into your checking account at

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