If the reserve rate is 9 and a bank receives a deposit of 8000 how much of the 8000 is the bank free to lend?

If the reserve rate is 9%, the bank must hold 9% of the $8,000 deposit as reserves. This means the bank needs to keep $720 ($8,000 x 0.09) in reserve. Therefore, the amount the bank is free to lend is $7,280 ($8,000 - $720).