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Likurg_2 [28]
3 years ago
15

You decide to take $400 out of your piggy bank at home and place it in the bank. If the reserve requirement is 5 percent, how mu

ch can your $400 increase the amount of money in the economy?
Mathematics
1 answer:
Bumek [7]3 years ago
7 0
You need $8.000 in the bank to reserve it
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Answer:

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Step-by-step explanation:

The variable x can be eliminated by subtracting the first equation from the second.

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