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Financial Institutions Comparison Conclusions Worksheet Answers Form

Financial Institutions Comparison Conclusions Worksheet Answers Form

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ever wondered why Banks charge interest rates well let me break it down for you Banks charge interest rates as a way to make a profit by lending money the interest you pay is essentially the cost of borrowing money it helps Banks cover their operational costs and make a profit plus it also accounts for the risk they take in lending money so the next time you see an interest rate remember it's not just a number it's how Banks keep the financial World spinning

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