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Mayhser Mayhser
  • 28-09-2015
  • English
Answered

Banks channel money from savers to borrowers to _____.

Verified Answer :

HistoryGuy HistoryGuy
  • 07-10-2015

Banks channel money from savers to borrowers in order to generate interest (money charged to the borrower) that they can give in interest to the lender after taking a portion of the interest as profit.

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