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 $ into your checking account at First Bank and earn APR on your deposit. Your professor bo money at a rate of 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 accounts at the same financial in
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