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
Answer:
2
Step-by-step explanation:
Because 3-1 is 2 and 1/4-1/4=0
So 2
Answer:
9.2, 11/12, 91.7, 91.6, .91
Step-by-step explanation:
5% is 0.05 in decimals. To get 5% of M, multiply it. To convert a percentage into decimals, divide the number by 100. 20/100 is 0.2. 0.2 is the tip. Do the same as 0.05 and add in the actual cost of the meal (M). Check image