Economy, asked by ash3495, 5 months ago

why do the bank mediade between those who have surplus and thise who need money​

Answers

Answered by Nivya32
2

Answer:

A bank mediates between those who have surplus money and those who need money by allowing both to open accounts with it. ... Those with surplus money are encouraged to invest with the bank and are paid a certain rate of interest for the same. Those who need loans are required to pay an interest on their loans.

Answered by ItzAdorableAnjali
0

Answer:

Hii☺️

 \mathfrak{answer}

 \tex{A bank mediates between those who have surplus money  and those who need money by allowing both to open accounts with it. ... Those with surplus money are encouraged to invest with the bank and are paid a certain rate of interest for the same. Those who need loans are required to pay an interest on their loans.}

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