Asked by jake

7. A _______ is a group of people who agree to save their money together and to make loans to each other at a relatively low rate of interest.

[A. commercial bank]
B. credit union
C. Christmas club
D. investment firm

Answers

Answered by Ms. Sue
A commercial bank does not charge relatively low interest rates.

How does your book describe these groups?

Answered by jake
i think it is b credit unnion
Answered by Damon
I think you are right.
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