Ask Question
24 November, 23:33

Why do banks pay interest on saving accounts

They are just nice

They want to attract

+2
Answers (2)
  1. 25 November, 00:19
    0
    Banks use the money deposited on savings accounts to lend to borrowers, who pay interest on their loans. After paying for various costs, the banks pay money on savings deposits to attract new savers and keep the ones they have
  2. 25 November, 02:10
    0
    they invest your money

    Step-by-step explanation:

    i just took the test
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Why do banks pay interest on saving accounts They are just nice They want to attract ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers