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10-03-2020
Business

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Which of these is the requirement of the firm to keep a certain percentage of the borrowed money deposited in the firm's bank accounts, whereby the bank agrees to lend money to the firm?

1. Commercial loan
2. Line of credit
3. Compensating balance
4. Inventory loan

Respuesta :

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10-03-2020

Answer:

3. Compensating Balance

Explanation:

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