Economy, asked by azaanbatliwala, 6 months ago

what happens in banking

Answers

Answered by Anonymous
1

Answer:

When a person deposits money into their bank account, the bank can then lend other people that money. The depositing customer gains a small amount of money in return (interest on deposits), and the lending customer pays a larger amount of money to the bank in return (interest on loans).

Answered by Dinogyu17
2

Answer:

(ー_ー) here's yur answer

Explanation:

When a person deposits money into their bank account, the bank can then lend other people that money. The depositing customer gains a small amount of money in return (interest on deposits), and the lending customer pays a larger amount of money to the bank in return (interest on loans).

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