1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elan Coil [88]
3 years ago
15

If a bank has total deposits of $7,200 and reserves of $1,600: instructions: round to the nearest whole number. (a) what is its

current reserve ratio? 5 incorrect % (b) how large is its loan portfolio (outstanding loans)? 88 incorrect %
Mathematics
1 answer:
Serjik [45]3 years ago
4 0
A.) The current reserve ratio is given by the fraction of the bank's total deposits held in reserves.
Given that the bank's total deposits is $7,200 and the reserves is $1,600, the current reserve ratio is given by:

\frac{1,600}{7,200} \times100\%=22\%.


b.) The loan portfolio is given by (total deposit - reserves) / total deposits

Thus, the loan portfolio of the given bank is given by:

\frac{7,200-1,600}{7,200} \times100\%= \frac{5,600}{7,200} \times100\% \\  \\ =78\%
You might be interested in
Draw to show regrouping. Write how many tens and ones in the sum. Write the sum. This has me so confused.
olya-2409 [2.1K]
I am not sure, but we're you going to put up a sum.
7 0
3 years ago
How do i solve the equation 5n+4=-26  
ozzi
You do 

-26
-4
---
-30

5n=-30 so...

-30/5=-6

Therefore 
n=-6
3 0
3 years ago
Read 2 more answers
What is the justification for each step in solving the inequality? 3x+1/2<−x+4 Select from the drop-down menus to correctly j
patriot [66]

Answer:

see below

Step-by-step explanation:

(3x+1)/2<−x+4

Multiply each side by 2 using the multiplication property of equality

3x+1 < -2x +8

Subtract 1 from each side using the subtraction property of equality

3x < -2x+7

Add 2x to each side using the addition property of equality

5x < 7

Divide each side by 5 using the division property of equality

x < 7/5

3 0
3 years ago
Read 2 more answers
a 3-year lease costs $324 a month and a 2-year lease costs $392 a month for the same car. On the lease signing date Matt Grove m
asambeis [7]
The more expensive plan is the 3 year plan. He should expect to pay 306 a per month with would be 3682 (if I’m right) sorry about the other person I reported their answer
4 0
2 years ago
An A-frame house is 45 feet high and 32 feet wide. Find the measure of the angle that the roof makes with the floor. Round to th
Flura [38]

Answer:

Angle, \theta=70.4^{\circ}

Step-by-step explanation:

We have, an A-frame house is 45 feet high and 32 feet wide. It is required to find the measure of the angle that the roof makes with the floor.

The attached figure shows the A frame. Let \theta is the angle that the roof makes with the floor. So,

\tan\theta=\dfrac{45}{16}\\\\\tan\theta=2.81\\\\\theta=\tan^{-1}(2.81)\\\\\theta=70.4^{\circ}

So, the angle of 70.4 degrees is the angle that the roof makes with the floor.

4 0
3 years ago
Other questions:
  • A=1/2h(B+b); a=6,b=2, b=1<br><br> What is h
    12·1 answer
  • Help 15 pts. Please answer asap
    5·2 answers
  • Mr Frank purchased 5_1/4 pounds of rocks. He used 3/5 of a pound on one aquarium. He then split the rest of the rocks between hi
    6·1 answer
  • I got a tricky one
    6·1 answer
  • Please zoom in if necessary! (:
    7·1 answer
  • If (x + 8) is a factor of f(x), which of the following must be true?
    5·2 answers
  • a coin is tossed 80 times, it lands on heads 30 times and on tails 50 times. which three statements (shown below) are correct wh
    10·1 answer
  • Statement: 4x &lt; 0<br> Which is greater? 1 or x
    12·1 answer
  • A machine used to fill​ gallon-sized paint cans is regulated so that the amount of paint dispensed has a mean of ounces and a st
    15·1 answer
  • Please help me i will mark you brainiest
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!