0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
How bank create money?
Money is CREATED by governments, not banks. They store money. Banks also EARN money by loaning money to people. People pay the banks back more money than they borrow (interest)
Do banks iron money?
Banks do not iron money as this would burn it. The Royal Mint, who make the money, make it flat when it is made, and then send it to the banks like this. Ironing money is not recommended :)
Why do banks give interest on deposit?
Banks make money by lending money to people and charging people for borrowing. The amount banks charge is called interest. Banks borrow money from other people and pay them interest on the amount borrowed. Banks charge more interest on the money they lend than they pay one the money they borrow. That is how they make money. When people deposit money with a bank, the bank is literally borrowing money from some people so they can lend it to other people. That is why banks pay interest.
Commercial banks and their relationship with the reserve bank?
we take/borrow money from the commercial banks and the commercial banks take/borrow money from the reserve bank
What banks are often called full service banks because of their many services?
Banks that have money.
Do you get money if you recycle something on stardoll?
yes you do
Can you recycle household batteries for money?
no stupid
How do I recycle ink cartridges from my home printer?
recycle for charity is a company you may recycle old cartridges and you can even make money. they even send out a free box for easy and safe shipping. You may promote the website so your friends may recycle and make money.
How bank create money?
Money is CREATED by governments, not banks. They store money. Banks also EARN money by loaning money to people. People pay the banks back more money than they borrow (interest)
Do banks iron money?
Banks do not iron money as this would burn it. The Royal Mint, who make the money, make it flat when it is made, and then send it to the banks like this. Ironing money is not recommended :)
Why is it wise to recycle?
It saves the environment and saves money.
Why are people not recycling?
BECAUSE IT COSTS MONEY TO RECYCLE
If you recycle copper in CA how much money do you get?
$50
Where can someone recycle a Canon 3CCD?
You can recycle a Canon 3CCD at a website called Recycle your device. This website gives people the ability recycle their old electronics for free and if your device has value, you can earn money from it.
Where can I recycle my old ink cartridges?
You can recycle your old ink Cartridges at Cash4Emptys.com They will give you money for your empty ink. This is the best website to use at you get money where you normally wouldn't.
How do banks use money?
they use money for money
Are banks out of money?
no
