Register
Question 3 How do banks make money? A. Interest Loans B. Both service fees and interest loans C. Service Fees D. Embezzlement
26.1k views
2 votes
Question 3

How do banks make money?

A. Interest Loans

B. Both service fees and interest loans

C. Service Fees

D. Embezzlement

User Lubart
by
5.8k points

1 Answer

1 vote

Answer:Its B

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

User Pramuka
by
5.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.5m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Which of the following possesses the sole power to create revenue bills?
A ______ is "the basic interpretive mechanism to let people know what an organization is doing and are sent out to editors and reporters in hopes of stimulating favorable stories about their organizations"
Individuals are free to produce and sell whatever products they wish
Why do objects used as money need to be in limited supply
Link Copied!