The quantity of excess reserves that the Bank of Cheerton now hold is $210
From the attached table, the amount generated on the reserve is $4,200
If the Fed's reserve requirement is 5 percent, then the quantity of excess reserves that the Bank hold is given as:
Quantity of excess reserves = 5% of $4,200
Quantity of excess reserves = 0.05 * 4200
Quantity of excess reserves = $210
Hence the quantity of excess reserves that the Bank of Cheerton now holds is $210.
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Answer:
Step-by-step explanation:
A helicopter is hovering over a landing pad 100 meters from where you are ... If the string is stretched straight, how high is the kite above the ground?
Answer:
12 just because I need the free credit things sorry this ain't gonna be helpful lol
Answer:
3.3 x 10⁻⁴
Step-by-step explanation:
Given expression:
To solve this problem;
10° = 1
So;
= 
x 10⁻³
= 0.33 x 10⁻³
= 3.3 x 10⁻¹ x 10⁻³
= 3.3 x 10⁻⁴
Answer:7881 years
Step-by-step explanation:
You can use the equation
fraction remaining = 0.5n where n is # of half lives elapsed
n = ?
fraction remaining = 1 - 0.612 = 0.388
0.388 = 0.5n
n = 1.37 = the # of half lives
1.37 x 5750 yrs = 7881 years
