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15 October, 15:19

If a bank has a total of $80,000 in deposits and has made three loans in the amounts of $10,000, $20,000, and $30,000, what is this bank's reserve ratio (assuming it has no other deposits or made any other loans) ?

a) 20%

b) 75%

c) 25%

d) 60%

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Answers (1)
  1. 15 October, 18:26
    +1
    The answer to your question would be (C) 25%
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