Which of the following is a service fee? an amount of money a bank charges?
O an amount of money a bank charges for the use of an account.
O an amount of money charged as interest on a credit card balance.
O a fee charged when there is not enough money in a checking account to cover a check.
O the minimum balance a bank requires to be deposited to opening a checking account.
^I am thinking D, but I am not certain. Could someone check please? Thanks!
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Ответ:
B. less than 6%.
Explanation:
Market interest rates have risen since the investor purchased the treasury bonds which means that the treasury bonds will be less sought after now because they offer a lower return than can be found in the market even if risk adjusted.
The investor will therefore only be able to sell it for a lower price which means that they will receive a lower rate for it. As we cannot say for certain what this rate will be, it is best to say that it will be under 6%.