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Lower Fees and Better Interest Rates Motivate Customers to Open

question 214

True/False

Lower fees and better interest rates motivate customers to open accounts with Internet banks. However, the lack of personal service and concern for information security encourages some customers to return to a traditional bank.


Definitions:

Water Flow

The movement of water through a particular path, often controlled or measured in systems related to plumbing, irrigation, and hydrology.

Properly Calibrated Instrument

An instrument that has been adjusted or configured correctly to ensure it meets the required accuracy and performance standards.

Instrumentation

The science and practice of measurement and control of process variables within a production, laboratory, or manufacturing area.

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