asked 108k views
3 votes
What did the first banks do?

a. exchange money
b. lend money out
C. invest in partnerships
d. both a and b
Please select the best answer from the choices provided
ОО a
00 D
C

asked
User Marton
by
7.7k points

2 Answers

6 votes

Answer:

lend money out!!!!!!!!!!!

answered
User Felipe Ardila
by
8.9k points
3 votes

Answer:

Explanation:the answer is a The Bank acted as the federal government's fiscal agent, collecting tax revenues, securing the government's funds, making loans to the government, transferring government deposits through the bank's branch network, and paying the government's bills.

answered
User Fabian Horlacher
by
8.4k points

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