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1. Quinn has taken out a loan from his local bank in order to pay for his first semester tuition. To pay for his second semester, he will use what

he earns and saves by working a job at the school's bookstore. What is the bank's asset?
A Money Quinn will save from working
B Money Quinn will spend from working
C Money Quinn owes to the school for his tuition
D Money Quinn will repay to bank

1 Answer

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D He will have to repay with the money he is making since he took out a loan.
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