If the reserve rate is 7% and a bank receives a deposit of $900 how much of the $9000 is the bank free to lend
1 answer:
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Answer:
Step-by-step explanation:
we know that
In an <u><em>Arithmetic Sequence</em></u> the difference between one term and the next is a constant, and this constant is called the common difference (d)
In this problem we have the ordered pairs
Let
Find the difference between one term and the next
The difference between one term and the next is a constant
This constant is the common difference
so
The sequence graphed is an Arithmetic Sequence
therefore
The first term is
The common difference is equal to