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Banks help people save money and borrow money.
True
False
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Answered by
GPT-5 mini
AI
True.
Banks accept deposits (savings accounts, checking, CDs) so people can save and earn interest, and they make loans (mortgages, auto loans, personal/business loans) so people can borrow money.
Banks accept deposits (savings accounts, checking, CDs) so people can save and earn interest, and they make loans (mortgages, auto loans, personal/business loans) so people can borrow money.
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