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Business, 22.11.2021 14:00 phanatthegleektrash

Tenth National Bank holds $235,000,000 in checkable deposits and $25,500,000 in reserves. With a required reserve ratio of 10 percent, how much in excess reserves is Tenth National holding?

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Tenth National Bank holds $235,000,000 in checkable deposits and $25,500,000 in reserves. With a req...
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