bricenshepard bricenshepard
  • 25-10-2019
  • Business
contestada

If there is a 30% reserve requirement on a $1,000 deposit, how much must be set aside as a member bank reserve?

Question 9 options:

$300


$3


$33


$30

Respuesta :

fernandoalonsoc
fernandoalonsoc fernandoalonsoc
  • 08-11-2019

Answer:

$300

Explanation:

The 30% of the $1000 deposit is $300.

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