A savings and loan association estimates that the amount of

Last updated: 2/15/2024

A savings and loan association estimates that the amount of money on deposit will be 100 000 times the percentage rate of interest For instance a 3 interest rate will generate 300 000 in deposits Suppose the savings and loan association can loan all the money takes in at 10 interest What interest rate on deposits generates the greatest profit The interest rate on deposits that generates the greatest profit is Type a whole number