isaiahknox0903 isaiahknox0903
  • 21-01-2020
  • Biology
contestada

1. How does a bank make most of its profit on its business?

Respuesta :

PentecostalGirl
PentecostalGirl PentecostalGirl
  • 21-01-2020

Answer:

A bank makes most of its profit by using depositors money to make loans and charging interest on these loans. They then pay less interest to the depositors than they charge borrowers, the difference is the banks' profit.

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