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If the reserve rate is 10% and a bank receives a deposit of 320000, how much of 320000 is the bank free to loan out

If the reserve rate is 10% and a bank receives a deposit of 320000, how much of 320000 is the bank free to loan out
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If the reserve rate is 10% and a bank receives a deposit of 320000, how much of 320000 is the bank free to loan out

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User Abdurahman Popal
by
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1 Answer

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90% * 320000 = 288000 is available for loan
answered
User TheUndying
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