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Business, 04.06.2020 13:08 raedusty3200

Let's say your deposits in your bank earn 1% interest rate. Billybob takes out a loan from the same bank and pays 6% interest on that loan. How is this ‘Interest Spread’ one of the ways banks make money?

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Let's say your deposits in your bank earn 1% interest rate. Billybob takes out a loan from the same...
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