List two situations where you need to pay interest and earn interest.

asked Jul 8, 2023 63.5k views

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8 votes

You pay interests when getting a loan from the bank and earn interest with saving accounts or insurance

Philip Pearl answered Jul 9, 2023

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For paying interest, loans and credit cards. And you earn interest from your savings account and your checking account.

Alag answered Jul 12, 2023

by Alag

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