Question

In recent years the interest paid on checkable and nontransaction deposits has accounted for around ________ of total bank operating expenses, while the costs involved in servicing accounts have been approximately ________ of operating expenses.

A) 45 percent; 55 percent
B) 55 percent; 4 percent
C) 25 percent; 50 percent
D) 50 percent; 30 percent

Answer 1

C) 25 percent; 50 percent

Step-by-step explanation:

C) 25 percent; 50 percent

checkable and nontransaction deposits x1

total bank operating expenses y

Other costs a

Total costs involved in servicing accounts z

x1+x2=y x1<z

z=y+a