Problem Statement

Study the given data and answer the question. Click on the image(s) to view the data. Figure1: Shows the interest rates offered by different banks on fixed deposits for four terms, labeled I to IV. Bank I (1-2yrs) II (2-3yrs) III (3-5yrs) IV (>5yrs) Bank A 4.75 5 5.6 6 Bank B 5.5 5.75 5.8 6 Bank C 4 4.25 4.5 4.75 Bank D 6 6.25 6.5 6.7 Bank E 5.25 5.5 5.75 5.8 Bank F 5 5.25 5.5 5.8 Bank G 5.25 5.25 5.5 5.8 Bank H 6 6 6.25 6.5 Bank I 3.5 3.8 4 4.25 Bank J 5.25 5.5 5.75 5.8 How many banks have interest rates that remain the same between any two terms from I to IV? OPTIONS 0 1 2 3