Kristi deposits, or invests, her paycheck in a savings account. The bank can then offer some of the money to a borrower in the form of a loan. How can Kristi benefit financially from this relationship?
A)
Kristi can earn interest on her original deposit.
B)
Kristi can feel good that she supported a borrower.
Eliminate
C)
Kristi can choose to invest her money in another bank that doesn't make loans to borrowers.
D)
Kristi can decide to take her money out the savings account before the loan is made to save money.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Kristi deposits, or invests, her paycheck in a savings account. The bank can then offer some of the money to a borrower in the form of a ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Front range cabinet distributors in colorado springs, colorado, sells to its contractors with a 42% markup on cost. if the selling price for cabinets is $9,655, what is the cost to contractors based on cost? (round your answer to the nearest cent.)
Answers (1)
what is interest on term deposit recieved. Do you record it in cash budget, is it cash receipt or payment?
Answers (1)
Which is one of the best ways to avoid credit problems
Answers (1)
Which one of these statements is correct? a. Flotation costs increase the value of RS. b. The weighted average cost of capital is equal to B / S (RS) (1 - tc). c. The discount rate for levered equity is unaffected by the debt-equity ratio. d.
Answers (1)
Which are benefits of a mixed market economy? (Select all that apply.) A) a mixed market economy focuses on tradition to answer economic questions. B) a mixed market economy focuses on the community over the individual.
Answers (1)
New Questions in Business
Decentralization encourages upper level management to concentrate on short-term decisions. True or False?
Answers (1)
Behavioral economist Richard Thaler has studied several examples of how businesses make use of inconsistencies in consumer decision-making.
Answers (1)
Linda underpaid her taxes for the current year by $4,000 due to negligence. a. Calculate Linda's accuracy-related penalty for negligence. $ b.
Answers (1)
A retired person with $200,000 to invest states that "current income" is her main investment objective. Which of the following would be most suitable? (A) High yield bonds and growth stocks (B) Municipal bonds, U. S.
Answers (1)
How do compliments and substitutes affect demand?
Answers (1)