Question

Phil deposits his money in the bank and earns _____. the bank uses part of phil's money to make _____.

Answer 1

interest, loans hope it helps

Answer 2

Deposite money = principle

earn profit=interest

bank use of deposite money to make loan.

Explanation:

Phil deposite money in the bank is called principle . Principle money is that money which is deposite by Phil in the bank .

Now earn money is that money which obtain profit on the deposite money is called Interest .

the bank uses this money which is deposite by Phil to make loans like as home loans , study loans etc.