johncorey9903 johncorey9903

06-06-2023
Business

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Assume that the Tenth National Bank currently has $11.2 million in excess reserves. If total deposits in Tenth National Bank total $460 million and the required reserve ratio is 8.5 percent, then total reserves at Tenth National Bank equal $39.1 million $50.3 million $54.12 million $65.32 million $52.8 million

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