Marisssu6mmeronjam Marisssu6mmeronjam
  • 14-04-2017
  • Mathematics
contestada

Suppose a bank has $600,000 in deposits, a required reserve ratio of 5 percent, and bank reserves of $90,000. then the bank can make new loans in the amount of

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 14-04-2017
600,000×0.05=30,000
Reserve amount
90000+30000=120000
Loans
600000-30000=570000....answer
Answer Link

Otras preguntas

A snowball is launched horizontally from the top of a building at v = 16.9 m/s. If it lands d = 44 meters from the bottom, how high (in m) was the building?
What were the 4 major truths Jefferson presented in the declaration of independence?
A snowball is launched horizontally from the top of a building at v = 16.9 m/s. If it lands d = 44 meters from the bottom, how high (in m) was the building?
how have computers changed mapmaking in recent years
3 ( 4d + 1 ) - 9d = 6 - 2d
A light plane flew from its home base to an airport 255 miles away. With a head wind, the trip took 1.7 hours. The return trip with a tail wind took 1.5 h
3 ( 4d + 1 ) - 9d = 6 - 2d
A light plane flew from its home base to an airport 255 miles away. With a head wind, the trip took 1.7 hours. The return trip with a tail wind took 1.5 h
What's breed of given cat???Check attachment
what type of rock is the Haystack rock (igneous, Metamorphic, or Sedimentary)