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IceJOKER [234]
3 years ago
15

Why would banks offer higher interest rates for savings and checking accounts?

Social Studies
1 answer:
Evgesh-ka [11]3 years ago
8 0
<span>Because </span>banks<span> can increase deposit </span>interest rates<span> to encourage customers to lend, or lower loan </span>rates<span>to incentivize customers to borrow.</span>
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