isaiahknox0903 isaiahknox0903

21-01-2020
Biology

contestada

1. How does a bank make most of its profit on its business?

Respuesta :

PentecostalGirl PentecostalGirl

21-01-2020

Answer:

A bank makes most of its profit by using depositors money to make loans and charging interest on these loans. They then pay less interest to the depositors than they charge borrowers, the difference is the banks' profit.

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