As mentioned before, banks<span> basically make money by lending money at rates higher than the cost of the money they lend. More specifically, </span>banks<span> collect interest on loans and interest payments from the debt securities they own, and pay interest on </span>deposits<span>, CDs, and short-term borrowings.</span>
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What do you mean by that?
1.27 repeated is the answer
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it is 358
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A
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