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A new bank has vault cash of $ 2 million and $ 6 million in deposits held at its Federal Reserve District Bank.If the required
A new bank has vault cash of $ million and $ million in deposits held at its Federal Reserve District Bank.If the required reserves ratio is percent, what dollar amount of deposits can the bank have?
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Managerial Accounting
Authors: Ramji Balakrishnan, Konduru Sivaramakrishnan, Geoff B. Sprinkle
2nd edition
1118385381, 978-1118385388
