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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

3 answers

A commercial bank does not charge relatively low interest rates.

How does your book describe these groups?

i think it is b credit unnion

I think you are right.

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