History, 12.12.2019 19:31, Nerdymania
Kristi deposits, or invests, her paycheck in a savings account. the bank can then offer some of the money to a borrower in the
form of a loan. how can kristi benefit financially from this relationship?
kristi can earn interest on her original deposit.
b)
kristi can feel good that she supported a borrower.
eliminate
kristi can choose to invest her money in another bank that doesn't make
loans to borrowers.
kristi can decide to take her money out the savings account before the
loan is made to save money.
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Kristi deposits, or invests, her paycheck in a savings account. the bank can then offer some of the...
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