Question

Which best explains why banks consider interest on loans to be important? Interest enables them to control the economy. Interest helps them to satisfy customers. Interest enables them to stockpile money. Interest helps them cover business costs.​

Answer 1

Answer:

D. Interest helps them cover business costs.

Explanation:

Answer 2

The reason why banks consider interest on loans to be important is because Interest helps them cover business costs.

What are interests on loan important?

The interests and loan is important to banks because it generate them some money to cover business costs.

Interest serves as the amount that the lender charge on the capital.

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