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Ierofanga [76]
3 years ago
6

Assume the Continental National Bank's balance statement is as shown in the accompanying table. Assuming a legal reserve ratio o

f 20 percent, how much in excess reserves would this bank have after a check for $10,000 was drawn and cleared against it
Business
1 answer:
Lerok [7]3 years ago
4 0

Answer:$6,000

Explanation:

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