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Mathematics 9 Online
OpenStudy (anonymous):

If the reserve rate is 4% and a bank receives a deposit of $12,000, how much of the $12,000 is the bank free to loan out? A. $7200 B. $4800 C. $480 D. $11,520

OpenStudy (anonymous):

D

OpenStudy (anonymous):

its scary the bank has so little of your money in reserve

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