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Delvig [45]
3 years ago
8

Now, suppose first main street bank loans out all of its new excess reserves to becky, who immediately uses the funds to write a

check to alex. alex deposits the funds immediately into his checking account at second republic bank. then second republic bank lends out all of its new excess reserves to hubert, who writes a check to eileen, who deposits the money into her account at third fidelity bank. third fidelity lends out all of its new excess reserves to kate in turn.
Business
1 answer:
Gennadij [26K]3 years ago
8 0
The answer is <span>when second republic bank lends out all of its new excess reserves to hubert</span>
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How should office workers prevent workplace hazards?
vredina [299]

Use ergonomically designed equipment for work

Answer:C

I think this is the answer

4 0
3 years ago
When the effective-interest method of bond discount amortization is used,
SSSSS [86.1K]

Answer: C. interest expense will not be a constant dollar amount over the life of the bond.

Explanation:

When a bond is sold at a discount, the discount will have to be amortized over the life of the bond to ensure that it reaches par at maturity.

As a result, the interest expense will be based on a larger figure every year which would mean that it would have to be larger each time. t will therefore not be a constant dollar amount over the life of the bond.

6 0
3 years ago
Grossnickle corporation issued 20-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000 one year ago. today,
Dima020 [189]
Bond valuation: 
<span>Par value = Maturity value = FV = $1,000 </span>
<span>Coupon rate = 7.5% </span>
<span>Years to maturity = N = 19 </span>
<span>Required rate = I/YR = 5.5% </span>
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5 0
3 years ago
The Freed Corporation produces three products, X, Y, Z, from a single raw material input. Product Y can be sold at the split-off
dexar [7]

Answer:

Increase in income= (68,000 - 16,000) - 50,000= 2,000

New income= 68,000 - 16,000= 52,000

Explanation:

Giving the following information:

Product Y can be sold at the split-off point for total annual revenues of $50,000, or it can be processed further at a total annual cost of $16,000 and then sold for $68,000.

Increase in income= (68,000 - 16,000) - 50,000= 2,000

New income= 68,000 - 16,000= 52,000

3 0
3 years ago
Pat maninen earns a gross salary of $3,000 each week. assume a rate of 6.2% on $118,500 for social security and 1.45% for medica
Sonbull [250]
Answer:

Social Security = $186.00
Medicare = $43.50

Explanation:

Since the given rate for Social security is 6.2%, the first week deduction is 6.2% of gross weekly salary, which is $3,000. Hence, the first week deduction for Social Security is given by

Social Security Deduction = 6.2% of $3,000
                                          = 0.062 × 3,000 (Change 6.2% to decimal)
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Similarly, since 1.43% is the given rate for medicare, the first week deduction is 1.43% of the gross weekly salary, which is $3,000. Thus, the first week deduction for medicare is given by

Medicare Deduction = 1.43% of $3,000 
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                                 = $43.50

7 0
3 years ago
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