How does FNB programme benefit the community in terms of economic development?

1 answer:

4 0

FNB fund support early childhood development programs. Early childhood development programs are beneficial to the children, families and the community as a whole because of the present and future impacts that the programs have on the children.
FNB bank provide quality banking and financial services to the community. Also, the bursary program of FNB provide funds for students who are studying in the tertiary institutions.

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Answer:

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Interest rate can be regarded as amount that is been charged by lender for using an assets, this asset could be cash, goods, and this is usually display as a percentage of the lent principal.

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It should be noted that the increase in the interest rate creates an income effect that is greater than the substitution effect.

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