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Tack to see additional instructions Say the Reserve bank imposes a 15% reserve ratio on the lending of deposits. How much money will be created
Tack to see additional instructions Say the Reserve bank imposes a 15% reserve ratio on the lending of deposits. How much money will be created on a initial deposit of R10 000 after 20 rounds of lendina? Rondte Deposito Reserwe 15% Beskikbaar R10,000.00 R1,500.00 R8,500.00 R8,500.00 R1,275.00 R7,225.00 R8,141.25 R1,083 75 R921.19 R783.01 R7,225.00 R8,141.25 R5.220.00 R443705 R3.77150 R3 20577 2.724 91 R5,220.05 R4,43705 R3,77150 R3,20577 R655.58 R56572 R420 87 R2.724.91 R408.74 2.318 17 R 247 43 R1060 74 295.31 08.43 R42242 R2 316.17 R1.908 74 R1.07343 R1 422 42 R1209.06 R1027.70 R873.94 -251 202.09 R2020 R10120 1 84.16 CBR RB3113 Tack to see additional instructions Say the Reserve bank imposes a 15% reserve ratio on the lending of deposits. How much money will be created on a initial deposit of R10 000 after 20 rounds of lendina? Rondte Deposito Reserwe 15% Beskikbaar R10,000.00 R1,500.00 R8,500.00 R8,500.00 R1,275.00 R7,225.00 R8,141.25 R1,083 75 R921.19 R783.01 R7,225.00 R8,141.25 R5.220.00 R443705 R3.77150 R3 20577 2.724 91 R5,220.05 R4,43705 R3,77150 R3,20577 R655.58 R56572 R420 87 R2.724.91 R408.74 2.318 17 R 247 43 R1060 74 295.31 08.43 R42242 R2 316.17 R1.908 74 R1.07343 R1 422 42 R1209.06 R1027.70 R873.94 -251 202.09 R2020 R10120 1 84.16 CBR RB3113
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