63.5k views
8 votes
List two situations where you need to pay interest and earn interest.

2 Answers

8 votes
You pay interests when getting a loan from the bank and earn interest with saving accounts or insurance
User Philip Pearl
by
6.0k points
3 votes
For paying interest, loans and credit cards. And you earn interest from your savings account and your checking account.
User Alag
by
5.2k points