damariharrison06 damariharrison06
  • 01-12-2020
  • History
contestada

What do banks do with money we deposit?

Respuesta :

MrGeekBrain
MrGeekBrain MrGeekBrain
  • 01-12-2020

Well, the bank primarily does two things: loan the money we put into the bank, and pay interest annually to your account. The interest is basically to say: since we are loaning your money to other people, we'll pay (and this is just an example) 10% interest of what you put in your bank account.

Answer Link

Otras preguntas

Help anyone can help me do the question,I will mark brainlest.​
ASAP What hormone(s) do Ovaries produce? A. Progesterone B. Testosterone C. Testosterone and Estrogen D. Progesterone and Estrogen
Which idea was unpopular in the Progressive movement?
A friend is calling his sister from his parents’ house to talk to her about what means of transportation various people are using to come visit their parents to
who carried the demography related studies for the first time what is he called​
A scientist is researching Down Syndrome. He is studying what type of disease?
What’s this topic called
American Revolution can be interpreted in which way
Will give brainliest to correct answer
How does one get to successfully communicate with people of other culture and language?