Answers CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY PretestQuestion 7

7

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Question 7 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

Which best explains why banks consider interest on loans to be important?

Answer

A

Interest helps them cover business costs.

B

Interest helps them to satisfy customers.

C

Interest enables them to control the economy.

D

Interest enables them to stockpile money.

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