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When a new depositor opens a $5,000 CD at Melvin's Bank, its assets ________ and its liabilities ________.

a) increase by $5000; stay the same

b) increase by $5000; increase by $5000

c) increase by $5000; decrease by $5000

 

d) decrease by $5000; increase by $5000

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91264414

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