Answer:
The answer is 1.79 × 10-3
Answer:
$75 million
Step-by-step explanation:
Given that:
Reserve value = $70 million
Purchased government bond = 215 million
Market value of loan = $490 million
Net worth :
Assets - liability
Assets = (Market value of loan + purchased government bond + reserve value)
(490 million + 215 million + 70 million)
275 million + 70 million
= $775 million
Liability = Deposits = $700 million
Net worth = ($775 - $700) million
Net worth = $75 million
<h3>
Answers:</h3>
Variation Constant: k = 7/6
y = 245/6 when x = 7 and z = 5
====================================
Explanation:
"y varies jointly as x and z" means that y = kxz
We have (x,y,z) = (4,14,3) as one triple, so,
y = kxz
14 = k*4*3
14 = 12k
12k = 14
k = 14/12
k = 7/6 is the variation constant
The equation goes from y = kxz to y = (7/6)xz
----------------
Plug in x = 7 and z = 5 to find y
y = (7/6)xz
y = (7/6)*7*5
y = (7/6)*(7/1)*(5/1)
y = (7*7*5)/(6*1*1)
y = 245/6
R is equal to 450
first you subtract 5000 from each side
-2250=Rx5
then divid by 5
R=450
