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Business, 13.12.2020 07:50 curlyysav536

The main purpose of a depository institution is to: A. hold deposits in accounts and use that money to offer loans.
B. provide guaranteed payments to depositors under specific
conditions.
C. use deposited money to purchase stocks and bonds in order to
make a profit.
D. allow customers to deposit money into accounts at no charge.
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Answers: 1

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The main purpose of a depository institution is to: A. hold deposits in accounts and use that money...
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