DXKCENTRAL DXKCENTRAL
  • 02-12-2020
  • Computers and Technology
contestada

What do banks use your deposited money for

Respuesta :

Аноним Аноним
  • 02-12-2020

Answer:

Net interest margin

When you deposit money into your bank account, you're giving your bank permission to use your money to make loans. Your bank loans your money out to others at a cost to the lendee, in the form of an interest rate (think: mortgages, student loans, car loans, credit cards, etc.).

Explanation:

Hope this helps! :D

Answer Link

Otras preguntas

The amount of money Samantha earns from selling sculptures at a craft show can be determined by the equation e = $35s, where e represnts earnings in dollars and
an ice sculpture is melting from the heat. assuming it's height changes by - 2/25 meters every hour, what will be the change in height after 5 hours
Spanish question involving superlatives
What is the area of a sector of a circle with a radius of 8 inches and formed by a central angle that measures 60°?
Who took the route of exploration indicated by the letter e? a. russian fur trappers b. spanish conquistadors c. english settlers d. french explorers
someone please help!
which musical form or structure uses a countermelody
Calculate ∆h0 for the following reaction. br2( g. → br2(l)∆hf0 br2( g. =30.91 kj/mol; ∆hf0 br2 (l) =0 kj/mol)
Light waves are refracted when passing through a prism. True False
Which explanation is most likely the reason for the evolution of a larger brain in humans?4