The formula for the money multiplier is :
1/ Reserve rate
so, the answer would be :
1/0.05
first off, let's convert the mixed fraction to improper fraction and then proceed, let's notice that by PEMDAS or order of operations, the multiplication is done first, and then any sums.
![\stackrel{mixed}{1\frac{7}{8}}\implies \cfrac{1\cdot 8+7}{8}\implies \stackrel{improper}{\cfrac{15}{8}} \\\\[-0.35em] ~\dotfill\\\\ -\cfrac{3}{4}~~ + ~~\cfrac{15}{8} \div \cfrac{1}{2}\implies -\cfrac{3}{4}~~ + ~~\cfrac{15}{8} \cdot \cfrac{2}{1}\implies -\cfrac{3}{4}~~ + ~~\cfrac{15}{4} \\\\\\ \cfrac{-3+15}{4}\implies \cfrac{12}{4}\implies 3](https://tex.z-dn.net/?f=%5Cstackrel%7Bmixed%7D%7B1%5Cfrac%7B7%7D%7B8%7D%7D%5Cimplies%20%5Ccfrac%7B1%5Ccdot%208%2B7%7D%7B8%7D%5Cimplies%20%5Cstackrel%7Bimproper%7D%7B%5Ccfrac%7B15%7D%7B8%7D%7D%20%5C%5C%5C%5C%5B-0.35em%5D%20~%5Cdotfill%5C%5C%5C%5C%20-%5Ccfrac%7B3%7D%7B4%7D~~%20%2B%20~~%5Ccfrac%7B15%7D%7B8%7D%20%5Cdiv%20%5Ccfrac%7B1%7D%7B2%7D%5Cimplies%20-%5Ccfrac%7B3%7D%7B4%7D~~%20%2B%20~~%5Ccfrac%7B15%7D%7B8%7D%20%5Ccdot%20%5Ccfrac%7B2%7D%7B1%7D%5Cimplies%20-%5Ccfrac%7B3%7D%7B4%7D~~%20%2B%20~~%5Ccfrac%7B15%7D%7B4%7D%20%5C%5C%5C%5C%5C%5C%20%5Ccfrac%7B-3%2B15%7D%7B4%7D%5Cimplies%20%5Ccfrac%7B12%7D%7B4%7D%5Cimplies%203)
I'm guessing the series is supposed to be

By the ratio test, the series converges if the following limit is less than 1.

The first

terms in the numerator's denominator cancel with the denominator's denominator:


also cancels out and the remaining factor of

can be pulled out of the limit (as it doesn't depend on

).

which means the series converges everywhere (independently of

), and so the radius of convergence is infinite.
X= 12
Add three on both sides to get rid of it
9+3 and -3 + 3 the three is negative because you drop the minus sign down
This cancels out the three and 9+3 is 12 so X=12
The answer in scientific notation is: 4.32 x 10^-2