Karlaelias Karlaelias

24-04-2020
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Fiona deposits $2000 into a savings account. If the fed requires a 20 percent reserve ratio , how much of Fiona’s money can the bank lend ?

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ralewalt ralewalt

24-04-2020

1600 because 20 percent of 2000 is 400. 2000-400=1600

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