Mathematics, 06.10.2019 04:01 kylie252

Abank received an initial deposit of $9000 kept a percentage of this money in reserve based on a reserved rate of 9% and loaned out the rest. the amount it loaned out all was eventually deposited back into the bank. if the cycle continued, how much eventually resulted from the initial deposit?

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Abank received an initial deposit of $9000 kept a percentage of this money in reserve based on a res...