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key biscayne bank has vault cash of 2 million and 10 million in deposits as its federal reserve district bank. if the required reserve ratio

key biscayne bank has vault cash of 2 million and 10 million in deposits as its federal reserve district bank. if the required reserve ratio is 8 percent, what is the dollar amount of deposits the bank can have?

a 12

b 111.11

c 133.33

d 10

e 150

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