Answer:
Reserve rate = 3%
Step-by-step explanation:
Reserve Ratio = Reserve Maintained with Central Bank / Deposit Liabilities × 100
Reserve maintained = $6,000
Deposit liabilities = $200,000
Reserve Rate = Reserve Maintained with Central Bank / Deposit Liabilities × 1000
=$6,000 / $200,000 × 100
=0.03 × 100
r=0.03 × 100
=3%
Therefore,
Reserve Rate =3%
396 divided by 12 will be 33
<span>(a+b)(c+d)=ab+ad+bc+bd
(5k-4)(4k-5)=20k^2+-25k-16k+20=20k^2-41k+20
Hope this helps!</span>
Answer:
3 1/3
Step-by-step explanation:
Make the fractions into improper fractions:
2 1/2 = 5/2
1 1/3 = 4/3
5/2 × 4/3 =
5×4/2×3 =
20/6 =
10/3 =
3 1/3