Quickbooks Online Accounting
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Author: Owen
Publisher: Cengage
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![A bank receives a $10,000 deposit with a
20% reserve ratio. Calculate the required
reserve amount.](https://content.bartleby.com/qna-images/question/7d1232f8-5d3d-48e0-be9d-1de7a6526e85/2b6ec284-f63e-4000-ab58-092fd3ff07ab/6yoywa7_thumbnail.jpeg)
Transcribed Image Text:A bank receives a $10,000 deposit with a
20% reserve ratio. Calculate the required
reserve amount.
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