Ask Question
4 November, 10:35

Banks make money by. A) charging interest B) charging the fed C) selling customer assets D) time sharing programs

+5
Answers (1)
  1. 4 November, 10:36
    0
    Banks make money by; A) charging interest

    Explanation:

    Banks make their money through charging interest on the money they loan out. Banks get the money they loan out from the deposits their customers make and also from loans from other banks. It is this money that they then trade out in different ways including loaning for interests in order to make profit. Other that interests from loans, banks also get money through investing their capital in assets that generate revenue, one such asset is; investing in real estate.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Banks make money by. A) charging interest B) charging the fed C) selling customer assets D) time sharing programs ...” in 📗 Social Studies 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