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Which of these best illustrates how funds flow in a financial system? An individual invests in a bank savings account and the bank lends money
Which of these best illustrates how funds flow in a financial system?
An individual invests in a bank savings account and the bank lends money to companies.
An individual analyzes a project and receives financing from a company.
A company retains earnings that flow to financial institutions.
A financial institution offers both checking and savings accounts
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
