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 AI
Correct answers:
- A bank lends money to a customer.
- The customer pays back money over time.
- The customer pays extra money, called interest.