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Question 23 3.75 pts The Shirley State Bank has $129 in transaction deposits subject to legal reserves. This bank must hold 3 percent legal reserves

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Question 23 3.75 pts The Shirley State Bank has $129 in transaction deposits subject to legal reserves. This bank must hold 3 percent legal reserves from $0 to $43.9 of transaction deposits and 10 percent legal reserves on any amount above this. What is this bank's total legal reserves? (Report a number and keep 2 decimal places)

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