As mentioned before, banks<span> basically make money by lending money at rates higher than the cost of the money they lend. More specifically, </span>banks<span> collect interest on loans and interest payments from the debt securities they own, and pay interest on </span>deposits<span>, CDs, and short-term borrowings.</span>
The equation is
(y-7)/x=6
y-7=6x
y=6x+7
Answer:
The gain is of $17.50
Step-by-step explanation:
When you buy the bond the exchange rate is $1.50 = £1.
You pay £45 = =$67.50 for the British bond.
No, you sell the bond for £50 and the exchange rate is $1.70 = £1.
So, you earned dollars
Your gain is = $17.50
Answer:
9pi
Step-by-step explanation:
circumference is 2(pi)(r) or diameter(pi)
Answer:
14n
Step-by-step explanation:
just rearrange the number with the variable