Friedman roses inc. needs $65,000 in funds for expansion. with a compensating balance requirement of 20%, how much will the firm need to borrow?

a. $16,000

b. $81,250

c. $100,000

d. none of these options

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

answerjointly by the fed and by the behavior of individuals who hold money and of banks in which money is held;