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If the reserve rate is 8 and a bank receives a deposit of 7000 how much of the 7000 is the bank free to lend?
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∙ 6y ago
The U.S. government borrows money by
Wiki User
∙ 6y ago
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If the reserve rate is 8 and a bank receives a deposit of $7000 how much of the $7000 is the bank free to lend?
$6440 lol its three years later u prolly dont need this
If the reserve rate is 8 and a bank receives a deposite of 7000 how much of the 7000 is the bank free to lend?
The U.S. government borrows money by
If the reserve rate is 6 and a bank receives a deposit of 14000 how much of the 14000 is the bank free to loan out?
$13,160
What is a bank's reserve-to-deposit ratio?
this is the amount of deposit the central bank authorise bank to keep them
If the reserve rate is at 9 and a bank receives a deposit of 8000 how much of the 800 is the bank free?
$7280, 9% of 8000 is 720 and they are free to loan everything except the $720.
If the reserve rate is 8 and a bank receives a deposit of $7000 how much of the $7000 is the bank free to lend?
$6440 lol its three years later u prolly dont need this
If the reserve rate is 8 and a bank receives a deposite of 7000 how much of the 7000 is the bank free to lend?
The U.S. government borrows money by
If the reserve rate is 6 and a bank receives a deposit of 14000 how much of the 14000 is the bank free to loan out?
$13,160
If the reserve rate is 7 and a bank receives a deposit of 9000 how much of the 9000 is the bank free to lend?
$8370
What is a bank's reserve-to-deposit ratio?
this is the amount of deposit the central bank authorise bank to keep them
If the reserve rate is at 9 and a bank receives a deposit of 8000 how much of the 800 is the bank free?
$7280, 9% of 8000 is 720 and they are free to loan everything except the $720.
What is a bank's reserve to deposit ratio?
70%
The amounts of cash that individual banks have on hand or on deposit at the Federal Reserve Bank are known as .?
Reserve
The amounts of cash that individual banks have on hand or on deposit at the Federal Reserve Bank are known as?
Reserve
What is the cash reserve ratio in India?
Cash Reserve Ratio or CRR in India is the amount of money that every bank has to deposit with the RBI per customer. Every time a customer deposits cash to the bank, the bank has to correspondingly deposit a portion of that cash to the RBI. RBI decides this percentage of money that each bank has to deposit with it.
What is cash reserve ratio or CRR?
Cash Reserve Ratio or CRR in India is the amount of money that every bank has to deposit with the RBI per customer. Every time a customer deposits cash to the bank, the bank has to correspondingly deposit a portion of that cash to the RBI. RBI decides this percentage of money that each bank has to deposit with it.
The percentage of the bank's total deposit that it must keep in its own vaults is called the?
It is the reserve requierment
