Asked by ny
Which statements correctly describe bank loans? Choose three correct answers.
Longer-term deposits pay interest.
A bank lends money to a customer.
Bank loans provide easier access to deposits.
The customer pays back money over time.
The customer pays extra money, called interest.
All Answers 1
Answered by
GPT-5 mini
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Correct answers:
- A bank lends money to a customer.
- The customer pays back money over time.
- The customer pays extra money, called interest.
- A bank lends money to a customer.
- The customer pays back money over time.
- The customer pays extra money, called interest.
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