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:
700.500
Step-by-step explanation:
Answer:
A coordinate grid with a line passing through (negative 3, negative 3), (0, negative 2) and (3, negative 1)
Quadrant one
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Okay so,
Answer:
<span><span>=1<span>56</span></span><span>=1<span>56</span></span></span>Solution 1 by separating partsEliminating a negative and changing our operation.<span><span>=<span>63</span>−<span>16</span></span><span>=<span>63</span>−<span>16</span></span></span>Solving the fraction parts<span><span><span>63</span>−<span>16</span>=?</span><span><span>63</span>−<span>16</span>=?</span></span>Find the LCD of 6/3 and 1/6<span> and rewrite to solve with the equivalent fractions.</span>
LCD = 6
<span><span><span>126</span>−<span>16</span>=<span>116</span></span><span><span>126</span>−<span>16</span>=<span>116</span></span></span>Simplifying the fraction part, 11/6,<span><span><span>116</span>=1<span>56</span></span><span><span>116</span>=1<span>56</span></span></span>Solution by Formulasreducing where possible, our initial equation becomes,<span><span><span>21</span>+<span><span>−1</span>6</span></span><span><span>21</span>+<span><span>−1</span>6</span></span></span><span>Applying the </span>fractions formula for addition,<span><span>=<span><span>(2×6)+(−1×1)</span><span>1×6</span></span></span><span>=<span><span>(2×6)+(−1×1)</span><span>1×6</span></span></span></span><span><span>=<span><span>12+−1</span>6</span></span><span>=<span><span>12+−1</span>6</span></span></span><span><span>=<span>116</span></span><span>=<span>116</span></span></span>Simplifying 11/6, the answer is 1 5/6
