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Help please. Banks are businesses. Like other banks, they seek profit. How do they earn profit?
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5 votes
Help please.

Banks are businesses. Like other banks, they seek profit. How do they earn profit?

User Ccarton
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2 Answers

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mostly interest from long term loans
User Carlpett
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Answer:

Banks make money from service charges and fees. Banks also earn money from interest they earn by lending out money to other clients.

Step-by-step explanation:

User Abner
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