calistrophies9
calistrophies9 calistrophies9
  • 06-03-2017
  • Mathematics
contestada

If the reserve rate is 10% and a bank receives a deposit of $320000 how much of the $320000 is the bank free to loan out?

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andreatheshorty
andreatheshorty andreatheshorty
  • 06-03-2017
I believe the answer is 32,000. 
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