An asset category that caries the highest interest rate is
A) checkable deposit accounts.
B) loans.
C) cash in the bank vault.
D) savings deposits.

Name: An asset category that caries the highest interest rate is A) checkable deposit accounts. B) loans. C) cash in the bank vault. D) savings deposits.
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Question

Quizplus · Accepted Answer

Loans typically carry the highest interest rates because they involve higher risk compared to other asset categories like checkable deposit accounts, cash in the bank vault, and savings deposits.

An Asset Category That Caries the Highest Interest Rate Is