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Mathematics 16 Online
OpenStudy (anonymous):

User: If the Federal Reserve decreases the reserve rate from 5% to 2%, how does this affect the amount of money that would result because of fractional reserve banking from an initial deposit into a bank of $25,000?

OpenStudy (dangerousjesse):

\(50x-20x=30x\) where \(x=$25,000\)

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