which best explains why banks consider interest on loans to be important? interest enables them to control…

which best explains why banks consider interest on loans to be important? interest enables them to control the economy. interest helps them to satisfy customers. interest enables them to stockpile money. interest helps them cover business costs.

which best explains why banks consider interest on loans to be important? interest enables them to control the economy. interest helps them to satisfy customers. interest enables them to stockpile money. interest helps them cover business costs.

Answer

Brief Explanations:

Banks are for - profit institutions. Interest on loans is a major source of revenue for them, which helps cover their operational and other business - related costs. They don't control the economy through loan interest, interest doesn't directly satisfy customers, and stockpiling money isn't the main reason for valuing interest.

Answer:

Interest helps them cover business costs.