Answers

  • jdj
  • Helping Hand
2016-01-05T20:24:54+05:30
It is gives more interest
their shares increase in market
it is profitable to them
they earn more money
0
2016-01-08T12:35:52+05:30
Bank prefers the C.I system because
1. It gives more profit in less time
2. It has to be paid on time otherwise the rate will increase
3. Simple interest do not have high rate.
0