Paragraph Completion?
"Banks are institutions that accept deposits of money from customers, such as individuals companies and governments. ............................................................................................................. It can also be loaned out of through money markets that specialize in the buying and selling of debt. In return, borrowers pay the bank interest, a percentage of the sum borrowed that must be repaid regularly, on top of the original sum. Interest is also earned by customers who have deposited their money with a bank."
(1) There are many types of consumer credits that can be given to individuals
(2) This money, called capital, can be lent out directly to other customers
(3) It refers to the amount that the borrower has to pay for this arrangement
(4) Such a large amount of money can only be supplied to a reliable person
I want to find the appropriate answer and I think it is 2. Is it correct?
Top answer
Yes. #2. It best fits if you look at the logic: Banks are institutions that accept deposits of money ....
- Yes.
- #2.
- It best fits if you look at the logic: Banks are institutions that accept deposits of money ....
- [#2 This money ...
- can be lent ...
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Yes. #2. It best fits if you look at the logic:
Banks are institutions that accept deposits of money .... [#2 This money...can be lent ... to ... customers.] It can also be loaned out ...
So the first sentence tells you where banks get their money. The second sentence tells you where that money goes. The third sentence tells you where e
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