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Lera25 [3.4K]
3 years ago
13

Assume $1,000 is deposited in a checkable account by mr. y in bank

Business
1 answer:
otez555 [7]3 years ago
4 0
Hi there

1,000÷0.20
=5,000

5,000−1,000
=4,000....Answer (this is the total amount of money can be created)

Hope it helps
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