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The reserve rate 7% and a bank receives a deposit of 9000 how much of the 9000 is the bank free to lend

The reserve rate 7% and a bank receives a deposit of 9000 how much of the 9000 is the bank free to lend
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The reserve rate 7% and a bank receives a deposit of 9000 how much of the 9000 is the bank free to lend

asked
User Melitza
by
7.5k points

1 Answer

5 votes

Hello there

the answers is 8,370

hope this helps


answered
User Akhil S
by
8.1k points
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