3. Why might an individual want to use a bank? What are the costs to the person? What are the benefits? Give an example of why a person would use a bank.

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Social Studies

Isaac Walter

25 June, 20:15

3. Why might an individual want to use a bank? What are the costs to the person? What are the benefits? Give an example of why a person would use a bank.

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Gretchen Rosales · Answer 1

Well first off a bank is a secure place to hold your money with knowing you can get it back when needed. A cost could be paying for a credit card or something along those lines but the benefits are gaining interest on non touched money or being able to buy a house being able to with a loan