yasser1213 yasser1213
  • 14-02-2019
  • Business
contestada

How do banks earn most of their income​

Respuesta :

Аноним Аноним
  • 14-02-2019

banks basically make money by lending money at rates higher than the cost of the money they lend.

Which is basically, they charge for deposits and they  collect interest from loans and interest payments

Answer Link

Otras preguntas

Can someone please help me with this?
What is a key difference between the earliest works of history, such as Homer's The Odyssey, and modern works of history? ... ApexA. Modern works of history are
How are Brueghel's painting Landscape with the Fall of Icarus and Ovid's "The Story of Daedalus and Icarus" similar? A. Both show many people who notice Ica
Which set of transformations has been performed on triangle ABC to form triangle A’B’C’? A. Dilation by a scale factor of 4 followed by reflection about the x
What are some factors that decrease to health care
What is called when vesicles are used to move substances out of their cell
plz help with spanish plz
13. Which sentence contains a proper adjective? In the spring, some birds travel north from Florida to Canada. Canada is a summer home to some birds fr
NEED ANSWER FAST The distance between two cities on a map is 4 1/2 inches. The actual distance between the two cities is 24 miles. a.What is the scale used
which of the following describes entrepreneurship