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A Car Loan That a Bank Grants to You Is

Question 42

Multiple Choice

A car loan that a bank grants to you is


A) a source of funds to you, but a use of funds to the bank.
B) a use of funds to you, but a source of funds to the bank.
C) a source of funds to both you and the bank.
D) a use of funds to both you and the bank.

Correct Answer:

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