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Because a bank may need to have only a fraction of deposits on hand, the rest is used to make ______ that earn interest, which
Because a bank may need to have only a fraction of deposits on hand, the rest is used to make ______ that earn interest, which is used to cover the costs of running the bank and hopefully earn a _______. Multiple choice question. investments; supernormal profit bond purchases; dividend loans; revenue loans; profit
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College Accounting Chapters 1-24
Authors: Tracie L Nobles, Cathy Scott
11th Edition
1111528306, 978-1111528300
