Business, 25.11.2019 05:31 katerin3499

choose the statements that accurately describe an aspect of personal banking and investing.

more people use banks to store their money than any other financial institution.
membership to a credit union is limited to specific people.
"payday loan" companies generally charge higher interest rates than banks or credit unions.
credit unions generally charge higher interest rates on loans than banks.
the inability to pay a loan back to a "title pawn" lender will result in higher interest rates to the amount borrowed.
savings accounts offer a high yield on money placed there.
investing in stocks can bring significant rewards, as well as significant losses.
mutual funds provide protection from stock market losses by spreading your investment among various companies.

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choose the statements that accurately describe an aspect of personal banking and investing.

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