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When does a bank earn interest? when a consumer defaults on a loan when a consumer opens a savings account when a consumer makes a payment on a loan when a consumer purchases an automobile with cash
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When does a bank earn interest?

when a consumer defaults on a loan
when a consumer opens a savings account
when a consumer makes a payment on a loan
when a consumer purchases an automobile with cash

User Cliff Viegas
by
6.0k points

2 Answers

6 votes

Answer:

The answer out of the options given is the third option.

When a consumer makes a payment on a loan

Step-by-step explanation:

User Rohit Pareek
by
5.8k points
3 votes

Answer: C when a consumer makes a payment

Step-by-step explanation:

User Oh
by
5.9k points
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