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Natasha_Volkova [10]
3 years ago
13

Banks channel money from savers to borrowers to

History
1 answer:
Norma-Jean [14]3 years ago
6 0
Banks channel money from savers to borrowers in order to make money off of the "interest" that is charged by the bank to the person or firm taking out a loan. A portion of this interest is also paid to the original "saver". 
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