Financial institutions pay interest to depositors and loan out the money to borrowers who pay interest on their loans.
Standard detail
SAV.3
Depth 1Parent ID: CA7C39484ED741E2A8EF7361225F0FEEStandard set: Grade 8
Original statement
Quick facts
- Statement code
- SAV.3
- List ID
- 3
- Standard ID
- E8FB54813BE945EA9022D6FEF5113CF0
- Subject
- Personal Financial Education (2021)
- Grades
- 08
- Ancestor IDs
- CA7C39484ED741E2A8EF7361225F0FEE
- Source document
- National Standards for Personal Financial Education
- License
- CC BY 4.0 US