Take the following as truth: While a third major bank advertised its November money market account rates to be between 1.73 percent for accounts with $5,000 and 2.47 percent for accounts with $50,000 or more, that bank pays IOLTA a flat 1.1 percent.
Then the following statement: "A major bank payed IOLTA a flat 1.1 percent in November." is true, false, or inconclusive?
Answer: True