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OpenStudy (anonymous):
@austinL Why might an individual want to use a bank? What are the costs to the person? What are the benefits?
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OpenStudy (anonymous):
An individual may want to use a bank to acquire money at the right time to do a job in time. A person may take a loan from a bank to finish a job and earn profits from it. Another reason why people use banks is to store money safely and earn profits on that.
OpenStudy (anonymous):
Thanks for the help. :)
OpenStudy (anonymous):
The person has to return the loan with some interest rate.
OpenStudy (anonymous):
You're most welcome Kayla! :)
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