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jekas [21]
3 years ago
5

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]3 years ago
7 0
I think its 32,000,
320,000 - 10% = 288,000 - 320,000 = 32,000
Tamiku [17]3 years ago
5 0
288000 is the amount to loan out
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