DXKCENTRAL DXKCENTRAL
  • 02-12-2020
  • Computers and Technology
contestada

What do banks use your deposited money for

Respuesta :

Аноним Аноним
  • 02-12-2020

Answer:

Net interest margin

When you deposit money into your bank account, you're giving your bank permission to use your money to make loans. Your bank loans your money out to others at a cost to the lendee, in the form of an interest rate (think: mortgages, student loans, car loans, credit cards, etc.).

Explanation:

Hope this helps! :D

Answer Link

Otras preguntas

What metals were the alchemist trying to produce ?did they succeed ?
new deal regulation of the banking industry resulted in creation of
Julia bought a used car. She found out after she made the purchase that the car had previously been in an accident. What right was Julia denied?
When England joined the race to explore the New World, at first it: a.recognized the importance of the fishing banks b.claimed land from Virginia to Newfoundlan
What did johnny mean when he told ponyboy to stay gold?
Why is the gang important to johnny in the outsiders?
what was stated in the articles of confederation
Gender plays an important role in the six components of health T F
Coronary artery disease is a disease of the heart where the arteries and blood vessels become clogged with fat deposits called _____. fat tartar plaque adipose
what is the probability of drawing a black card or a face card from a standard deck of 52 cards