The answer is reserve ratio.
The Federal Reserve in the United States sets the minimum amount of cash that each bank must hold, known as the reserve ratio.
In the past, the reserve rate of bank deposits has varied between 0% and 10%.
The minimal amount of cash that financial institutions must keep on hand in order to comply with central bank standards is known as bank reserves.
The bank must store this actual paper money in a vault on the property or in an account with the national bank.
The purpose of the cash reserve regulations is to make sure that every bank has enough cash on hand to handle any significant and unforeseen demand for withdrawals.
Hence, The term reserve ratio describes the proportion of deposits that the bank must hold in the form of reserves that are not loaned out or invested in bonds.
Learn more about deposits:
brainly.com/question/25787382
#SPJ4
Two forms of business organizations found in the private sector are partnerships and Limited Liability companies or corporations.
<h3>What are partnerships and Limited Liability companies?</h3>
- Partnerships have multiple owners at the same time and these owners divide profits and responsibilities amongst themselves.
- Larger companies may arrange themselves differently to avoid getting sued and face other challenges.
- LLC organize themselves in a way that they prevent having ties with an individual directly. This implies that any responsibility is over the company itself and not any specific person or people. These companies are taxed differently when compared to other kinds of organizations.
- Such a structure makes it difficult to track or chase a single person for any liability.
To learn more about the private sector visit: brainly.com/question/27883481?
#SPJ4
Answer:
$2,251.63
Explanation:
Calculation for the approximate annual lease payment
Since we looking for the approximate annual lease payment this means that our annual lease payment will be x and since the interest rate is 5% and we were been told that the first payment occured at the beginning of lease in which balance of 5 payments at the end of each year which means that we would find the PVA factors of (5%,5)
Hence,
x + x × Present value annuity factor (5%,5)
= $12,000
x + x(5.3295) = $12,000
5.3295x = $12,000
Now let divide the PVA of 5.3295 by $12,000 in order to get the approximate annual lease payment
x = $12,000 / 5.3295
x = $2,251.63
Therefore the approximate annual lease payment will be $2,251.63
Yes of course. When people are given a higher salary there is a much better chance of them to work more. Look at it this way: If someone pays you $8 an hour and someone else pays you $10 for the same exact job, which one are you most likely going to choose? The second one, right? And with that higher pay per hour will most likely result in better work ethic and more production.