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In Many Cases,a Bank Requires a Borrower to Maintain A(n)________,in

Question 106

Multiple Choice

In many cases,a bank requires a borrower to maintain a(n) ________,in which the borrower must keep a portion of the loan amount on deposit with the bank in a non-interest-bearing account.


A) compensating balance
B) unsecured loan
C) angel investor
D) venture capital

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