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Banking and Money (Khan Academy)

A Loan Is Two New Entries, Not Gold Leaving the Vault

The bank lends 300 gold pieces without opening the vault. Both sides of its balance sheet grow at the same time.

16 min180 XP available9 challenges

Pick the best answer

Dona Rosa’s bakery is so busy she needs a bigger oven. Breno lends her €100. He does not open the safe: he writes “€100” into her account in his book. How many coins left the safe?

Answer to continue.