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  • 02-12-2020
  • Computers and Technology
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What do banks use your deposited money for

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Аноним Аноним
  • 02-12-2020

Answer:

Net interest margin

When you deposit money into your bank account, you're giving your bank permission to use your money to make loans. Your bank loans your money out to others at a cost to the lendee, in the form of an interest rate (think: mortgages, student loans, car loans, credit cards, etc.).

Explanation:

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