One financial institution is offering a 2% interest rate on savings accounts while another institution is offering a 5% interest rate on savings account. Out of the two financial institutions, which offer would the bank probably be offering?

5% interest rate

2% interest rate

Question

One financial institution is offering a 2% interest rate on savings accounts while another institution is offering a 5% interest rate on savings account. Out of the two financial institutions, which offer would the bank probably be offering?
		
5% interest rate
		
2% interest rate

rhondasommer · Answer

I think its B...but I want to double check

peachpi · Answer

I don't understand the question. What's the other institution supposed to be?

rhondasommer · Answer

\_(o.o)_/ idk, thats all I got on the question

peachpi · Answer

I guess it's just trying to say that banks typically offer lower interest rates on savings. :/