pareengulati8182 pareengulati8182
  • 29-05-2021
  • Business
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Assume the Continental National Bank's balance statement is as shown in the accompanying table. Assuming a legal reserve ratio of 20 percent, how much in excess reserves would this bank have after a check for $10,000 was drawn and cleared against it

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anayajthornton anayajthornton
  • 05-06-2021

Answer:$6,000

Explanation:

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