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Which of the following are ways that commercial banks use the funds they receive? Check all that apply.Provide term loans to support business that dont
Which of the following are ways that commercial banks use the funds they receive?Check all that apply.Provide term loans to support business that dont want to add debt to their balance sheet but still need large amounts of capital for major purchases.Provide working capital loans to support business that dont want to add debt to their balance sheet but still need large amounts of capital for major purchases.Provide informal lines of credit and revolving credit loans for businesses that may need funds in the future but arent sure when.Provide credit cards to individuals to support major and minor purchasing that the individual may not want to pay for in cash.
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