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  • 01-03-2022
  • Mathematics
contestada

8. If the reserve rate is
10% and a bank receives a
deposit of $320,000, how much
of the $320,000 is the bank free to loan out?

Respuesta :

whi622386 whi622386
  • 01-03-2022

Answer:

32,000

Step-by-step explanation:

10% of 320,000 is 32,000

Answer Link

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