asked 201k views
5 votes
21. (06.04 MC)

What is the main reason banks loan money to consumers? (3 points)

To eliminate economic problems

To make money

To provide a free service

To meet government regulations

asked
User Plpicard
by
8.9k points

2 Answers

5 votes

Answer:

Option B. To make money

Step-by-step explanation:

the answer is option b because for example, a bank gives you a loan of 4,000 dollars and when you go to pay that loan back you have to pay extra because of interest fees and that is how the bank makes their money.

answered
User Nasty
by
7.7k points
2 votes

Answer:

too make money??

Step-by-step explanation:

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