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Banks pay interest to encourage people to open each of the following types of accounts EXCEPT:A. credit cardB. regular savingsC. money marketD. certificate of deposit

User Chandrika
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2 Answers

2 votes

Answer:

a

Step-by-step explanation:

User Klarki
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Answer:

A. credit card

Step-by-step explanation:

A credit card is a card issued by a bank to its customer which allows the credit card holder to borrow money from the bank.

A maximum amount that can be borrowed through the credit card is known as the credit limit of the card.

The bank provided certain interest free period to the credit card holder to return the amount borrowed and charges an interest on the amount due.

User Cesc
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