2 years ago

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?

Mathematics

2 answers:

Irina18 [472]2 years ago

7 0

I think its 32,000,
320,000 - 10% = 288,000 - 320,000 = 32,000

Tamiku [17]2 years ago

5 0

288000 is the amount to loan out

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