In determining the balance on which interest earnings are figured,a depository institution must use the ___________________ in the deposit.
A)minimum balance amount
B)maximum balance amount
C)full amount of the principal
D)average monthly balance
E)average daily balance

Question

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The Answer of In determining the balance on which interest earnings are figured,a depository institution must use the ___________________ in the deposit.
A)minimum balance amount
B)maximum balance amount
C)full amount of the principal
D)average monthly balance
E)average daily balance

In Determining the Balance on Which Interest Earnings Are Figured,a