The sum of N80,000 is deposited in a bank and the cash ratio of the banking system is 10%. calculate the sum of money the bank can create from the deposit? by Sunday | Aug 6 | Economics WAEC | 0 comments A. N 100 000 B. N 800 000 C. N 1000 000 D. N 8000 000 Correct Answer: Option B – N 800 000 Users Also Read These:Opening creditors was N65,000, closing creditors was…From the following figures in the accounting books…A petty cash account has an imprest of D28,000. The…During electrolysis; 2.0 g of a metal is deposited…What is the birth rate of a country with a total…