The primary way that banks earn money is:

Question

Quizplus · Accepted Answer

Banks earn money primarily through lending funds and collecting interest on those loans. This is why banks offer various types of loans, such as personal loans, business loans, mortgages, and credit cards, and charge interest on these loans. The interest on loans generates income for the bank, which contributes to the bank's profitability. The other options listed, such as the accumulation of deposits or lending money to the government, are secondary sources of income for banks.

The Primary Way That Banks Earn Money Is