tybutler tybutler
  • 15-06-2020
  • Social Studies
contestada

Making a profit by leading money is __

Respuesta :

Mysteryking11
Mysteryking11 Mysteryking11
  • 15-06-2020

Answer:

Lenders make money by adding interest on the amount they loan to the people who "borrow" their money. Interest can range (legally) from 6% to 36%... which is a lot!

Explanation:

If lenders didn't put interest they would just be GIVING away their money and hoping that they get payed back in however many years it takes.

Answer Link

Otras preguntas

What is the name of three provisions of the civil rights act of 1875
A(n) _____ represents the relative amount of energy in the different trophic levels of an ecosystem.
Because of this, asthma, makes both the ___ and ___ systems work having to deliver oxygen to the cells throughout the body
What crop was found most deadly for africans in the new world?
How much did monitoring and enforcement of HABs increase from year to year? (4 points) A.250,000 B. 750,000 C. 1 million D. 500,000
spouse that y varies jointly with w and x and inversely with z and y = 320 when w=6, x=20
Which major event occurred in India during Kamala Markandaya’s lifetime? Select all that apply. British rule World War I The partition of India The Industr
What would we expect from a jit plant as compared to a plant that does not use​ jit?
Imagine you are writing an essay on the proper ways to test lake water for pollutants. Which structure would be the best way to organize the information in thi
What's the awnsers I need help