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:A club received rent N10,000 and donation N30,000.…Opening creditors was N65,000, closing creditors was…A tractor costing N80,000.00 was sold for N20,000.00…A petty cash account has an imprest of D28,000. The…Yahya's bank account shows a credit balance of N1…