Question

What do banks pay to their savings account customers?

A. Commission
B. Profits
C. Dividends
D. Interest

Answer 1

D

Step-by-step explanation:

Interest on a savings account is the amount of money a bank or financial institution pays a depositor for holding their money with the bank. In a way, a bank borrows money from their depositors by using the deposited funds to lend money to other customers