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

Question 3 How do banks make money? A. Interest Loans B. Both service fees and interest loans C. Service Fees D. Embezzlement
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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
7.5k 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
8.3k points
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