solo savings bank received an initial deposit of $6000 it kept a percentage of this money in reserve based on the reserve rate a
nd loaned out the rest the amount it loaned out was eventually all deposited back in the bank if the cycle continued indefinitely and eventually the $6000 turned into $200000 what was the reserve rate?
PEMDAS states that the value in the parenthesis should be evaluated first: 4(5*6) 4(30) After just multiply the value in the parenthesis by the number outside of the parenthesis: 120
