jackbassler jackbassler
  • 22-05-2019
  • Social Studies
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Banks make money by. A) charging interest B) charging the fed C) selling customer assets D) time sharing programs

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OGEGA98
OGEGA98 OGEGA98
  • 26-09-2019

Answer:

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.
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