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Base your answer on FDIC data for (Use data for period ending December 31st) Bank of America, National Association 100 N Tryon St Charlotte, NC

Base your answer on FDIC data for (Use data for period ending December 31st) Bank of America, National Association 100 N Tryon St Charlotte, NC 28202 FDIC Certificate #: 3510 The asset class the experienced the highest net charge-off in 2007 as a percent of total loans and was loans to individuals.

TRUE OR FALSE?

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