How does a bank make most of its profit on its business?
(A) By paying out less in interest on deposits than it earns in interest on loans.
(B) By receiving fees from the government for handling federal and state accounts.
(C) By collecting fees on safety deposit boxes, travelers' checks, and certified checks.
(D) By collecting fees on credit card purchases.
Ans: (A) By paying out less in interest on deposits than it earns in interest on loans.
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