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Business, 09.10.2019 00:30 autumnsumrall

Question if you deposit $20,000 in a savings account at a , you might earn 3 percent interest per year. someone who borrows $20,000 from a bank to buy a new car might have to pay an interest rate of 8 percent per year on the loan. knowing this, why don't you just lend your money directly to the car buyer, cutting out the bank

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