Banking/Tutorials

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Tutorials relating to the topic of Banking.

Money creation by fractional-reserve banking

Transaction Deposit Reserve Loan Available money Algebra
1000 P
First 1000 100 900 1900 P+Pr
Second 900 90 810 2710 P+Pr+Pr2
Third 810 81 729 3439 P+Pr+Pr2+Pr3
Infinite number 10,000 P/(1+r)