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Yanka [14]
3 years ago
9

Banks make money by. A) charging interest B) charging the fed C) selling customer assets D) time sharing programs

Social Studies
1 answer:
svlad2 [7]3 years ago
7 0

Answer:

Banks make money by; A) charging interest

Explanation:

  • Banks make their money through charging interest on the money they loan out.
  • Banks get the money they loan out from the deposits their customers make and also from loans from other banks.
  • It is this money that they then trade out in different ways including loaning for interests in order to make profit.
  • Other that interests from loans, banks also get money through investing their capital in assets that generate revenue, one such asset is; investing in real estate.
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