Ask Question
18 June, 18:19

If the reserve rate is 6% and a bank receives a deposit of $14,000, how much of the $14,000 is the bank free to loan out?

+2
Answers (2)
  1. 18 June, 18:29
    0
    Apex said $13160 was the right answer
  2. 18 June, 18:30
    0
    the answer was 1360
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If the reserve rate is 6% and a bank receives a deposit of $14,000, how much of the $14,000 is the bank free to loan out? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers