Most of the revenues generated by savings associations are from ____, while most
ID: 2734358 • Letter: M
Question
Most of the revenues generated by savings associations are from ____, while most of the expenses are from ____.
Loan interest and fees, interest paid on deposits
Nonmortgage loan interest, interest paid on long-term bonds
Interest paid on deposits, interest paid on long-term bonds
Interest on short-term debt, loan interest and fees
None of the above
A.Loan interest and fees, interest paid on deposits
B.Nonmortgage loan interest, interest paid on long-term bonds
C.Interest paid on deposits, interest paid on long-term bonds
D.Interest on short-term debt, loan interest and fees
E.None of the above
Explanation / Answer
Most of the revenues generated by savings associations are from Loan interest and fees, while most of the expenses are from interest paid on deposits.
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