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SOLVED: Money is created when someone: o takes a loan of 1,000 from his mother. The ABC Bank starts the day with965,000 in its reserve account. During the day, it has 300,000
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Aside ABC bank pays interest at the rate of 2% compounded quarterly. How much will Ken have in the bank at the end of 5 years if he deposits P3,000 every month? - Quora
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