lianabella18
lianabella18 lianabella18
  • 13-04-2021
  • Social Studies
contestada

Help please.
Banks are businesses. Like other banks, they seek profit. How do they earn profit?

Respuesta :

204787
204787 204787
  • 13-04-2021

Answer:

Banks make money from service charges and fees. Banks also earn money from interest they earn by lending out money to other clients.

Explanation:

Answer Link
ninjajunky ninjajunky
  • 13-04-2021
mostly interest from long term loans
Answer Link

Otras preguntas

In talcott parsons's equilibrium model, the incorporation of groups that were previously excluded because of their race, ethnicity, and social class is known as
Given the decomposition reaction: 2so3(g) → 2so2 (g) + o2 (g) according to le châtelier's principle, which side of the reaction will be favored when more oxygen
You decide to invest in a period annuity that offers 4.5% APR compounded monthly for 20 years. How much money will you need to invest if your desired yearly inc
All of the alleles of a specific gene in a population make up the
This world famous Spanish artist was known for Guernica, The Old Guitarist, the Blue Period, and Cubism
why and when did sc seced from the union
How did the inquisition help the catholic church to gain, maintain, and consolidate power?
All of the alleles of a specific gene in a population make up the
These cells produce pepsin, which breaks down proteins
What does Santiago realize when he returns home to find his treasure?