Table 10-2 -Refer to the Table 10-2.If the Last Bank of Cedar

question 192

Multiple Choice

Table 10-2

-Refer to the Table 10-2.If the Last Bank of Cedar Bend is holding $5000 in excess reserves,what is the reserve requirement?

• A)1/7
• B)1/8
• C)1/9
• D)1/10