Post Utme Unn 2018 Commerce Question 4
Practice objective / multiple choice question 4 from the 2018 Post Utme Unn Commerce examination.
A bank has a reserve requirement of 20% and a cash reserve of ₦100,000. If the bank wants to increase its loans by ₦500,000, how much additional deposits will it need?
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About This Question
This is Post Utme Unn 2018 Commerce Question 4. It is one of the objective questions from the 2018 Post Utme Unn Commerce examination.
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