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30 August, 20:39

If the reserve rate is 6% and a bank receives a deposit of $14,000, how much of the $14,000 is the bank free to loan out?

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Answers (2)
  1. 30 August, 23:58
    0
    Apex said $13160 was the right answer
  2. 31 August, 00:37
    0
    the answer was 1360
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