Fiona deposits $2,000 into a savings account. If the Fed requires a 20 percent reserve ratio, how much of Fiona’s money can the bank lend? a) $400  b) $1,600 c) $2,000 d) $1,200

Respuesta :

the answer is 400 or 1600 

Answer: B: $1,600

Step-by-step explanation: