subject
Mathematics, 07.05.2021 02:50 hasshh

The first deposit Bank received was $15,300. If the reserve rate at the time was 3.5% Amount to keep on reserve was $535.50
Amount it was free to loan out $14,764.50

The second deposit that Bank received was $12,700. If Bank was required to keep $571.50 on reserve, what was the reserve rate at the time? How much was it free to loan out?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
What is the value with a place of tenths in 907.456 1) 0 2) 6 3) 4 4) 5
Answers: 1
question
Mathematics, 21.06.2019 18:00
What is an alternate exterior angle
Answers: 1
question
Mathematics, 21.06.2019 19:50
The probability that an adult possesses a credit card is .70. a researcher selects two adults at random. by assuming the independence, the probability that the first adult possesses a credit card and the second adult does not possess a credit card is:
Answers: 3
question
Mathematics, 21.06.2019 21:00
Is there an x intercept in the equation 60*1.15^x
Answers: 3
You know the right answer?
The first deposit Bank received was $15,300. If the reserve rate at the time was 3.5% Amount to ke...
Questions
question
Mathematics, 23.11.2020 03:40
question
Mathematics, 23.11.2020 03:40
Questions on the website: 13722360