What types of investments do banks use to make a profit? Check all that apply.

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1 answer:

marissa [1.9K]2 years ago

7 0

Options A, B, D, and E indicate the different types of investments that banks utilize to make money.

<h3>What are investments?</h3>

The commitment of an asset to improve in value over time is referred to as an investment. Investment necessitates the loss of a current item, such as time, money, or effort. The goal of investing in finance is to make a profit from the asset you've put money into.

Service fees and levies are how banks generate money. Account costs (monthly maintenance charges, minimum balance fees, overdraft fees, non-sufficient funds (NSF) penalties), safe deposit box fees, and late fees vary depending on the goods.

As a result, alternatives A, B, D, and E are valid responses to the proposition stated above.

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