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andrey2020 [161]
3 years ago
7

A bank has $50,000 in checking account deposits and loans of $49,000. Of the $49,000 loaned out, $43,000 remains in the checking

accounts of the loan recipients. The bank has $50,000 cash on hand, and the reserve requirement is 25%. The amount of its required reserves equals:
a)

$50,000.

b)

$23,250.

c)

$27,000.

d)

$26,750.
Social Studies
1 answer:
Natali5045456 [20]3 years ago
3 0
It would be c bc it subtracts 5000 with 49000 then divide
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