asked 126k views
4 votes
Bank get most of the money to loan out to people from

A taxes charged by banks
B the government
C other banks
D people that deposit money in the bank for safekeeping

asked
User HalloDu
by
7.6k points

2 Answers

5 votes

Answer:

D!!

Explanation:

answered
User Daniel Cheung
by
8.8k points
6 votes
correct answer: "D people that deposit money in the bank for safekeeping"

The bank uses people's savings to loan money. They usually keep a fraction of what they have in store in case the person that has the money in the bank ask it back. For example, if $5000 are deposited in the bank, for savings, the bank could lend out $4500 of it.
The taxes charged by banks are used for the bank keeping.
answered
User Matt Aft
by
8.3k points
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