Ask your own question, for FREE!
Mathematics 8 Online
OpenStudy (anonymous):

true or false intrest can be the money paid by a bank to a consumer as compensation for keeping thier money in that bank intrest can also be the money paid to a bank for the use of thier money

OpenStudy (mathmate):

What do you think?

OpenStudy (anonymous):

true

OpenStudy (mathmate):

Why (or why not)?

OpenStudy (anonymous):

any bank has to give interest thats why i said yes

OpenStudy (mathmate):

What about the other part where the customer has to pay interest?

OpenStudy (mathmate):

Anyway, your answer is correct. The principle is that whoever has the use of other people's money pays interest, as explained in the question.

OpenStudy (anonymous):

can u answer my owther one about the fico score?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Latest Questions
Arriyanalol: i need help
1 day ago 7 Replies 1 Medal
Arriyanalol: CONGRATS to me
1 day ago 8 Replies 2 Medals
Legomaster346: What colleges are good that are near Arab Alabama?
1 week ago 5 Replies 0 Medals
Arriyanalol: i need help
1 week ago 6 Replies 2 Medals
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!