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Banks offer interest as an incentive to customers who open accounts. What does " incentive " mean ?

Banks offer interest as an incentive to customers who open accounts. What does " incentive " mean ?
asked 153k views
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Banks offer interest as an incentive to customers who open accounts. What does " incentive " mean ?

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User Grad Van Horck
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1 Answer

2 votes
it allows people with saving accounts to accumulate more money than they would with simple interest
answered
User Krzysztof Boduch
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