The Central Bank has raised its reserve requirements from 10% to 12%. If the Southern Bank finds that it is not holding enough in reserves to meet the higher requirements, then it will likely borrow for the short term from the central bank. The Option B is correct.
<h2>What is a Reserve requirement?</h2>
A reserve requirement, basically means the amount of funds that a bank must holds in reserve to ensure that it is able to meet liabilities in case of sudden withdrawals. In other word, it is the required cash that banks must have in their vaults or in Federal Reserve bank in line with deposits made by their customers.
Whenever a bank have lower than the reserve requirements, then, it is most likely that it will borrow for the short term from the central bank for meet the requirement.
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The social element is the additional element of the triple bottom line that lavonne should consider.
<h3>What is the
Triple bottom line?</h3>
Triple bottom line is a general business principle that ensure all companies must commit to focusing social and environmental concerns as they make profits.
Already, the manager has already used with two elements of triple bottom line, that is environmental and financial.
In conclusion, the social element is the additional element of the triple bottom line that lavonne should consider.
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Answer:
The correct answer is letter "B": radically new product.
Explanation:
The process for planning a radically new product starts with a detailed review of the context where that good is going to be useful. That product could represent a disruptive or discontinuous innovation that changes consumer decisions being this the reason why it is imperative by the end of the review to rule out if the product has the opportunity to succeed or not.
Answer:
number of payment is 3.05 payment
so correct option is b 3.05 payments
Explanation:
balance = $5000
annual rate r1 = 18.7 % = = 0.01558
credit card charging r2 = 5.9% = = 0.004917
payments P = $250 month
to find out
How many fewer payments will you have to make to pay off this debt if you transfer the balance to the new card
solution
we first find time t both rate by total balance formula that is
balance = ...........................1
here P is payment and t is time and r is rate
put here all value and find t for r1
balance =
5000 =
take log both side
log 0.6884 = log 1 - log
t = 24.1519 .................2
and now put here all value and find t for r2
balance =
5000 =
take log both side
log 0.9016 = log 1 - log
t = 21.1055 .....................3
so by equation 2 and 3
so no of payment will be 24.1519 - 21.1055
so number of payment is 3.05 payment
so correct option is b 3.05 payments