If you think education is expensive, try ignorance.” Test # 1 Choose the correct answer

27. How do banks make money?

A) Charging interest to those they lend to

B) By having a lot of accounts

C) Saving their customers deposits

D) Electronically
28. What do banks NOT do?

A) Charge interest

B) Allow people to pay bills online from their accounts

C) Give loans

D) Tax people
29. How does " interest " work?

A) Banks require people to pay back the same amount they borrowed.

B) Banks require people to pay back money they borrowed very quickly

C) Banks pay people more money than they borrowed.

D) Banks require people to pay back more money than they borrowed