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Using the Formula for an Infinite Sum, If "R" Designates

Question 168

Multiple Choice

Using the formula for an infinite sum, if "r" designates the reserve ratio, the 1 / reserve ratio would equal

A) (1 - r) .
B) 1 / (1 - r) .
C) 1 / [1 - (1 - r) ].
D) r / (1 - r) .

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