When you deposit your money in an account at a bank, the bank will pay you interest because _____.

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20-04-2022
Social Studies

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When you deposit your money in an account at a bank, the bank will pay you interest because _____.

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juskjskjo juskjskjo · Answer 1 · 2022-04-20T19:15:41+02:00

juskjskjo juskjskjo

20-04-2022

Banks use the money deposited on savings accounts to lend to borrowers, who pay interest on their loans. After paying for various costs, the banks pay money on savings deposits to attract new savers and keep the ones they have.

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