icr2000
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banks pay interest to customers through a...
A. savings account
B. credit card account
C. mortgage account
D. 401k account

Respuesta :

monumentalsteeping

The correct option is A.

You have to look at a savings account like it's your piggy bank inside the bank. Banks will offer you a pay interest rate that will depend on the bank that you choose to put your money into. At the end of the month, the bank will make an estimate of what you had in your account throughout the month and will deposit you according to your interest rate.

Hope this helps!

ogorwyne

Banks are known to pay interest to the customers that they have through a savings account.

What is a savings account?

This is a withdrawal and deposit account that people decide to have with banks in  order to save money.

The savings account has the interesting characteristic of being able to yield interest for the bank customer.

Read more on savings account here: https://brainly.com/question/25787382

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