Ask Question
11 October, 17:05

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?

+5
Answers (1)
  1. 11 October, 20:08
    0
    8000*0.09=720 reserve

    8000-720=7,280 to lend
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “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? ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers