schoolboy101 schoolboy101
  • 14-11-2016
  • Business
contestada

why can a bank afford to pay an interest rate on a savings account?

Respuesta :

Imhorriblybadatmath Imhorriblybadatmath
  • 14-11-2016
Because your basically loaning the bank your money for them to use and they pay you a fee.
Answer Link

Otras preguntas

4. The butterfly effect is a somewhat poorly understood mathematical concept, primarily because it is interpreted and presented incorrectly by the popular media
What is the midpoint of the segment below?
is inches bigger than yards
BMI is the ratio of (A height to body fat) (B weight to height) (C muscle mass to bone mass) (D weight to activity level)
The sum of four times a number and seven is thirty-one. Find the number. The number is __
You have found an article in the Readers’ Guide that you want to locate. What information would be least important in finding it?
The school principal formal or informal
The republican ideals of virtue, honor, and civility were best embodied by which of the following: John Adams, Thomas Jefferson, George Washington
What is the best choice for the equation of the line of best fit shown?
In the past, many [Muslim] rulers have had the following practices regarding the training of military slaves (ghulam): after young male slaves had been bought f