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Paradise bank receives a primary deposit of $ 200,000; it must keep reserves of 8 % against deposits. The bank gives a client a loan
Paradise bank receives a primary deposit of $ 200,000; it must keep reserves of 8 % against deposits. The bank gives a client a loan for the maximum amount allowed. Ifa check was written for the maximum amount of the loan given and sent to a bank in another city for deposit how would Paradise's balance sheet appear
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