The answer is 32
Hope this helps:D
have a great rest of a brainly day!
D. He will have $2,121.80.
After one year at 3% interst, $2000 becomes $2000 x 1.03 = $2,060.
During the second year, that $2060 x 1.03 becomes $2121.80
A.) The current reserve ratio is given by the fraction of the bank's total deposits held in reserves.
Given that the bank's total deposits is $7,200 and the reserves is $1,600, the current reserve ratio is given by:

b.) The loan portfolio is given by (total deposit - reserves) / total deposits
Thus, the loan portfolio of the given bank is given by:
He has 4 yellow bushes ! :D
8.95, that's not including the possible tax