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If the reserve rate is 9% in the bank receives a deposit of $8000 how much of the $8000 is the banks free drinks lend?
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If the reserve rate is 9% in the bank receives a deposit of $8000 how much of the $8000 is the banks free drinks lend?
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Dec 1, 2018
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If the reserve rate is 9% in the bank receives a deposit of $8000 how much of the $8000 is the banks free drinks lend?
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Sarneet Kaur
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8000*0.09=720 reserve
8000-720=7,280 to lend
LetsPlayYahtzee
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Dec 7, 2018
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LetsPlayYahtzee
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