menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Bank Management
  4. Exam
    Exam 12: Managing and Pricing Deposit Services
  5. Question
    The Implicit Interest Rate on Checkable Deposits Equals the Difference
Solved

The Implicit Interest Rate on Checkable Deposits Equals the Difference

Question 122

Question 122

True/False

The implicit interest rate on checkable deposits equals the difference between the cost of supplying deposit services to a customer and the amount of the service charge actually assessed to that customer.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q117: The contention that there are certain banking

Q118: According to recent studies cited in this

Q119: A bank expects to raise $30 million

Q120: Deposits held by banks with others are

Q121: The volume of core deposits at U.S.banks

Q123: Research suggests that a depository institution's location

Q124: Offering institutions post lower yields on SNOWs

Q125: Negotiable Order of Withdrawal (NOW)accounts-interest-bearing savings accounts

Q126: Some people feel that all individuals are

Q127: A(n)_ is a short-maturity deposit which pays

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines