The different between an overdraft and loan is that an overdraft?
COMMERCE
WAEC 1993
The different between an overdraft and loan is that an overdraft?
- A. does not yield interest
- B. is giving to savings account holders only
- C. yields interest on the customer before it is granted?
- D. yields interest only on the sum drawn
Correct Answer: D. yields interest only on the sum drawn
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