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Business, 30.09.2019 11:10 gabrielolivas59

Ninth national bank holds $150,000,000 in checkable deposits and $12,000,000 in total reserves. with a required reserve ratio of 8 percent, how much in excess reserves is ninth national holding?

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Ninth national bank holds $150,000,000 in checkable deposits and $12,000,000 in total reserves. with...
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