3 years ago

If the reserve rate is 7% and a bank receives a deposit of $9000, how much of the $9000 is the bank free to lend?

2 answers:

svp [43]3 years ago

8 0

Answer:

8370

Step-by-step explanation:

elena55 [62]3 years ago

4 0

7% Of 9000 is 630. Then subtract 630 from 9000. So your answer becomes 8370.

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