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PLEASE WILL THUMBS UP!!!! ALL COMMENTS!!!

1.

Deducting the interest on a loan is known as __________


collateral.


savings and loans.


discounting.


credit unions.

2.

The ____________ is a government agency that insures credit union deposits.


Federal Reserve System


National Credit Union Association


Federal Deposit Insurance Corporation


savings and loans association

3.

Most banks in the United States are savings and loans associations.


True


False