caralovesit
caralovesit caralovesit
  • 13-10-2016
  • Business
contestada

fiona deposits $2000 into a savings account. if the FeD requires a 20% reserve ratio, how much money can the bank lend?

a) $400
b) $1600
c) $2000
d) $1200

Respuesta :

hailey90210
hailey90210 hailey90210
  • 13-10-2016
The correct answer is b)1600
Answer Link
Аноним Аноним
  • 13-10-2016
You woulde have to subtract 2000 dollars from %20 that wouldve gave you 400$
Answer Link

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