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Mathematics, 17.11.2019 03:31 angsoccer02

Fiona deposits $2,000 into a savings account. if the fed requires a 20 percent reserve ratio, how much of fiona’s money can the bank lend? a) $400 b) $1,600 c) $2,000 d) $1,200

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Fiona deposits $2,000 into a savings account. if the fed requires a 20 percent reserve ratio, how mu...
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