Question

Banks make a profit from interest __________.

Answer 1

Answer:

The correct answer is option B.

b. collected from borrowers

Explanation: Banks are the organization who works with money. People in general use the bank to keep their money safe. Bank also provide loans,bonds,insurance etc. But bank also make profits. When an individual or a business man takes loan or borrow money from the bank, the bank sets an interest rate. When they return the money to the bank ,they return with the interests. Bank makes money from this interest provided by the borrowers.

Answer 2

your answer should be “B.”

MARK ME BRAINLIEST PLEASE!!