Register
Banks offer interest as an incentive to customers who open accounts. What does " incentive " mean ?
153k views
5 votes
Banks offer interest as an incentive to customers who open accounts. What does " incentive " mean ?

User Grad Van Horck
by
8.5k points

1 Answer

2 votes
it allows people with saving accounts to accumulate more money than they would with simple interest
User Krzysztof Boduch
by
8.4k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Mr. Jacob is 55 years old and tony is 7 years old. in how many years will mr. Jacobs be 4 times as old as Tony
9/10 divided by (1/10 plus 2/5)
Link Copied!