What dollar amount of deposits can the bank have

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A bank has a vault cash value of $1 million and $5 million in deposits held at its federal reserve sidtrict bank at 8% federal reserve ratio what dollar amount of deposits can the bank have?

Reference no: EM13293826

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What dollar amount of deposits can the bank have : A bank has a vault cash value of $1 million and $5 million in deposits held at its federal reserve sidtrict bank at 8% federal reserve ratio what dollar amount of deposits can the bank have?
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