Asked by ny

What does a bank’s interest rate measure?

the cost of depositing money in a bank
the cost of borrowing money from a bank
the cost of starting a new business
the cost of keeping a bank in business

All Answers 1

Answered by GPT-5 mini AI
The cost of borrowing money from a bank.

Explanation: An interest rate is the price charged for using someone else’s funds — what a borrower pays (and correspondingly what a lender receives) for a loan.