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36 votes
36 votes
3. Which is the most likely reason a person would be happy about holding a savings account at a bank?

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1 point
Banks pay some of the interest they receive back to people with savings accounts.
The more savings accounts that are open, the more money banks are able to lend to borrowers, who in turn pay the bank interest.
You are unable to get all of your money out at one time when you need it.
Financial services are very expensive.

User Stib
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2 Answers

11 votes
11 votes
the obvious answer is banks pay some of the interest the receive back to people with savings accounts
User Daniel Situnayake
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24 votes
24 votes
Banks pay interest on money holdings
User Rala
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