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Continuing from the previous question, this lent-out money then is spent and eventually ends up in the hands of recipients; those people & businesses then hold onto some as cash, and deposit some into their own checking accounts, repeating the cycle.
This cycle repeats infinitely. In the end, how much money is created from the original $100,000 open-market operation? (Enter your answer to the nearest dollar. Do as little rounding as you can before then!)
(The Currency Drain Ratio (C/D) is 0.25, and the Reserve Ratio (R/D) is 0.1.)
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