Ask Question
4 April, 04:59

What types of investments do banks use to make a profit? Check all that apply.

1) opening checking accounts

2) starting new businesses

3) buying stocks and bonds

4) buying several properties

5) issuing loans to all customers

6) buying the rights to loans

+4
Answers (2)
  1. 4 April, 05:51
    0
    From the mention options the bank uses the following three to earn money

    Buying stocks and bonds: the bank work with bonds and shares, they issue it for companies and public institutions.

    Buying several properties: they buy properties to re sell or on leasing way as another way to earn profit

    Buying the rights to loans: the bank makes money with the interest they change to the customer
  2. 4 April, 08:14
    0
    Answer:opening checking accounts starting new businesses buying stocks and bonds buying several properties issuing loans to all customers buying the rights to loans.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What types of investments do banks use to make a profit? Check all that apply. 1) opening checking accounts 2) starting new businesses 3) ...” in 📘 Social Studies 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