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The Table Below Shows the Balance Sheet of Eubank

question 97

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The table below shows the balance sheet of Eubank.If the interest rate on loans is 10 percent,the annual cost to Eubank of holding excess reserves is:​ ​
Table 14.1

EUBANK
The table below shows the balance sheet of Eubank.If the interest rate on loans is 10 percent,the annual cost to Eubank of holding excess reserves is:​ ​ Table 14.1 ​ EUBANK   A) 10 percent of $500,000. B) 10 percent of net worth. C) 10 percent of excess reserves. D) $10,000. E) 0.


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