Logo
Home Study Material Contact Search
AI Chat FREE
  1. sciences
  2. biology
  3. how do banksbenefit from givingpeople loans?a. it

How do banksbenefit from givingpeople loans?A. It makes banks happyto help people reach theirdreams.B. They...

80.2K

Verified Solution

Question

Biology

image

How do banksbenefit from givingpeople loans?A. It makes banks happyto help people reach theirdreams.B. They charge interestand get back more moneythan they loaned.C. Banks are not legallyallowed to benefit fromloaning money.D. People benefit fromloans but banks do not.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Assume that you are a newly hired treasury analyst that is tasked with improving the liquidity...

Statistics
1.2K views

The relationship between \"strength\" and \"fineness\" of cotton fibers was the subject of a study that...

Chemistry
1.2K views

Calculate the pH of a solution that contains the following analytical concentrations 0.0100 M inH2C2O4 and...

Mechanical Engineering
1.2K views

Consider a compressor in which air enters at 1 bar, 27°C and exits at 3.5 bar,...

Advance Math
1.2K views

Derive the Secant Method using a linear approximation and prove its convergence.

Physics
1.2K views

If the radius of a cylinder rotating about its axis is changing with time as...

Geometry
1.2K views

Establish the identity cos 8 tan 8 cot 8 csc 8 Write the left side...

Basic Math
1.2K views

7 A warehouse is 42 yards long and 26 yards wide with a height of...

Calculus
1.2K views

Find the critical numbers of the function Enter your answers as a comma separated list...

Algebra
1.2K views

Graph t x 2x 3 on the Cartesian plane to the right t x is...

Accounting
1.2K views

Question 1 a) StrongGym (Strong) is a new audit client of June & Associates, a...

Accounting
1.2K views

1. Assembly line workers wages are product cost and direct material cost product cost and...