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For $1,200 average collected balance demand deposit, the deposit Insurance premiums are $0.80, and Interest expense, administrative cos's and service charges are $10.8, $45.20, and

For $1,200 average collected balance demand deposit, the deposit Insurance premiums are $0.80, and Interest expense, administrative cos's and service charges are $10.8, $45.20, and $23.50. What Is RDD, keeping reserve requirement as 15%? ( 5 marks)

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