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iren2701 [21]
3 years ago
14

Fiona deposits $2,000 into a savings account. If the Fed requires a 20 percent reserve ratio, how much of Fiona’s money can the

bank lend? a) $400  b) $1,600 c) $2,000 d) $1,200
Mathematics
2 answers:
KiRa [710]3 years ago
5 0
The answer is 400 or 1600 
son4ous [18]3 years ago
4 0

Answer: B: $1,600

Step-by-step explanation:


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Answer:

x = 11 , y = \frac{8}{3}

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