dengakoon5 dengakoon5

15-07-2020
Business

contestada

Fiona deposit $2,000 into saving account. If the Fed requires a 20 percent reserve ratio, how much of Fiona’s money can the bank lend?

Respuesta :

crosado2501 crosado2501

15-07-2020

Answer:

$ 1,600

Explanation:

Answer Link

zainabjannat zainabjannat

17-11-2020

20% of 2000 =400
2000-400=1600
Fionas bank can lend $1600

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