Ask Question
15 January, 14:05

The reserve rate is 5% and a bank receives a deposit of $22,000. How much of the $22,000 is the bank free to lend?

+1
Answers (1)
  1. 15 January, 17:27
    0
    The answer is $20,900
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The reserve rate is 5% and a bank receives a deposit of $22,000. How much of the $22,000 is the bank free to 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