True/False
A customer opening a new deposit account in the United States is entitled to have the return on his or her deposit calculated on the average balance, not the lowest balance, in his or her account.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q50: Money market assets such as US treasury
Q51: The British consol is a variable income
Q52: XYZ corporation's common stock is selling today
Q53: Perpetual financial instruments may be either a
Q54: Research has shown that consumers have benefited
Q56: The compounding of interest means that a
Q57: The interest rate which banks, credit unions
Q58: Most financial institutions offer their depositors compound
Q59: Under the terms of most fixed and
Q60: In price quotations on corporate bonds, the