1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
harkovskaia [24]
3 years ago
11

How do banks make profits?

Business
2 answers:
Fiesta28 [93]3 years ago
3 0
They make profits by people going into their banks
Gwar [14]3 years ago
3 0

Answer:

Banks make money from service charges and fees. Banks also earn money from interest they earn by lending out money to other clients.

Explanation:

You might be interested in
For-profit businesses and nonprofit organizations are similar in that they both: a. contribute to the welfare of society. b. hav
liraira [26]

Answer:

c

Explanation:

they all look forward to gain profit

7 0
3 years ago
Can someone please help me with this question ?
Elis [28]

1) CORRECT

2) If it was an administrative assistant then this would be correct

3) A bachelor's degree

4 0
3 years ago
An individual actually earned a 4 percent nominal return last year. Prices went up by 3 percent over the year. Given that the in
jenyasd209 [6]

Answer:

Actual real after tax rate of return is 0.657%

Explanation:

Use fisher method to compute real return:

Real\ return=\frac{1+nominal\ return}{1+inflation}-1

Real\ return = \frac{1.04}{1.03}-1

=0.00971 or 0.971%

Calculate after tax return as shown below:

Federal tax rate is 28% or 0.28 and state tax is 6% or 0.06.

After tax return = 0.00971×(1 - 0.28) ×(1 - 0.06)

                        = 0.00657 or 0.657%

3 0
4 years ago
Proofreading is an important phase of the writing process. Careful proofreaders check for errors in spelling, grammar, punctuati
mihalych1998 [28]

Answer:

Reading the following sentence, and to identify any mistakes “<em>Proofreading is an important phase of the writing process. Careful proofreaders check for errors in spelling, grammar, punctuation, names, numbers, and formatting. When checking spelling, do not rely too heavily on your computer’s spell checker”</em>

This sentence is correct without any revisions.

The above section doesn't contain any spelling and comma mistakes. The spelling of the considerable number of words are right and utilization of comma accentuation is proper.

3 0
3 years ago
All insurance is based on a principle called A. division of risk. B. investment premiums. C. cash value coverage. D. premium ear
adoni [48]
The answer is A. <span>division of risk.</span>
4 0
3 years ago
Other questions:
  • Piers lives in an apartment and has an existing TV connection. He wants to subscribe to a high-speed Internet connection; howeve
    10·1 answer
  • Looking up the meaning in a dictionary
    12·1 answer
  • Rate is the percent of interest charged for money loaned.<br> a. true<br> b. false
    10·2 answers
  • Assuming that you’re recording the transactions on the first page of the journal, the page entry at the top right side of the jo
    15·1 answer
  • Ruben is the chief executive officer of a multinational corporation. He manages 15 teams, and the leaders of each team report to
    11·1 answer
  • One of the most effective deterrents to abuses of privacy by social media companies is ________. Select one: a. Government regul
    7·1 answer
  • You are the manager of Impromptu Printing, a leading print shop. Impromptu's resources include a highly experienced staff and st
    5·1 answer
  • The following data have been provided by XYZ Corporation, a company that produces forklift trucks: Budgeted production 3,400 tru
    14·1 answer
  • Duane has a small woodworking business and saves the money for college. He stores his tools in his apartment. Duane would like t
    14·1 answer
  • Rainey Company's true cash balance at October 31 is $4,700. The following information is available for the bank reconciliation:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!