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Banks collect old or damaged bills and send them to the US government for destruction.
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∙ 13y ago
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How do banks make money from mortgage refinances?
They make money on the fees for refinancing and also by taking business away from other banks when consumers change banks. Refinancing specials allow banks to acquire new customers.
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 :)
How do you spend money wisely?
By cheap. Don't waste money for things that are pointless and you are going to throw away in the future. spend it at little bits at a time. not in one big bunch.
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.
Is it illegal to throw away money?
No, it is perfectly legal to throw money away.
Can you throw away money?
Of course you can. But I don't know why you would.
How do banks make money from mortgage refinances?
They make money on the fees for refinancing and also by taking business away from other banks when consumers change banks. Refinancing specials allow banks to acquire new customers.
What does a rich man keep and a poor man throw away?
A rich man keeps his money and valuables, while a poor man may need to throw away items of less importance or value in order to make ends meet.
Why do rappers go broke?
Because they throw their money away on luxury items instead of investing.
What can you throw away that is not paper?
You can throw anything away if you wish to.
When was Throw It Away created?
Throw It Away was created in 2003.
What happens to your letter if you forget to put a zip code on it?
I would think that they would send it back to your house because they cannot throw it away. If they did throw it away there could be money in there and it would be a waste. But still, this is not for certain.
How can i reduce the amount that i throw away?
don't throw it away... SIMPLE!
Can I throw away my tacky bracelet?
You can sell your old jeweler for a good price and make some money on the side. It is not wise to throw away old jeweler. http://www.ross-simons.com/jewelry/bracelets/products/navigate.jsp
How do you throw things away on rune scape?
To throw things away click drop
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)
