Actualización de la peticiónAsk Banks to Change from Compound Interest Loans to Simple Interest LoansAn Expanded Role for Banks
Kevin CoxCanberra, Australia
28 jul 2024

If Banks use simple interest, they become more attractive to people seeking funds and to people with savings to invest. Banks can increase investors' deposit rates by sharing some of the simple interest savings with depositors by increasing the interest rates.

An Expanded Role for Productive Banks

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