English, asked by iqbal2007ali, 11 months ago

why do people put their money in the bank

Answers

Answered by archanasinghfzd3

2

Answer:

Since borrowers need money and depositors fear to make these loans individually, banks provide a valuable service by aggregating funds from many individual deposits, portioning them into loans for borrowers, and spreading the risks both of default and sudden demands for cash.

Answered by hameedhabanu24

0

to save money for future

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