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Sally deposits her money in a financial institution that guarantees her an interest rate. The institution then loans her money to Mark who does not
Sally deposits her money in a financial institution that guarantees her an interest rate. The institution then loans her money to Mark who does not have an account with the institution. What type of institution did Morris deposit his money in? Select one: a. A Mutual Fund Family (Investment Management Company) b. Federal Reserve System c. A Commercial Bank d. A Credit Union e. An Investment Bank
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