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
asambeis [7]
3 years ago
11

Suppose the required reserve ratio is 20 percent. A $5 million deposit allows commercial banks to create as much as

Mathematics
1 answer:
Virty [35]3 years ago
6 0

Answer:

Option D. $1 million

Step-by-step explanation:

we know that

<u>Reserve Ratio</u>, it is the percentage of deposits which commercial banks are required to keep as cash

Find the 20% of $5 million

20%=20/100=0.20

0.20*5,000,000=$1,000,000

so

$1 million

You might be interested in
36 моля колкото по бързо може формулата е (X÷2)÷(x×3)=305,4
bazaltina [42]

Answer:

Step-by-step explanation:

The quotient of two numbers is 305.4. Find the quotient if the divisor decreases 2 times and the divisor increases 3 times

x/y = 305.4

3x/(y/2) = 6x/y = 6*305.4 = 1832.4

Note that the question will be deleted soon because it is posted in a language other than English.

Обратите внимание, что вопрос будет удален в ближайшее время, потому что он размещен на языке, отличном от английского.

6 0
3 years ago
6 more than the product of -6 and the number
DochEvi [55]

Answer:

what you said means this in algebraic terms

6>-(6×x)

Step-by-step explanation:

to solve it 6(>-6×6)

1 Divide both sides by -6

-1<x

2 Switch sides.

x>-1

6 0
3 years ago
Find the unknown <br>4×?× 8=64
iVinArrow [24]
2 is the correct answer....gitty up
7 0
3 years ago
Read 2 more answers
solve the word problem. paula has 24 coins in her drawer. seven of the coins are nickels and the rest are pennies. what is the t
Arlecino [84]
52 cents
i hope this helps

8 0
3 years ago
Can anyone help me with primary 5 hw ?
Illusion [34]
B) 28×50, then take the answer - 1100
5 0
3 years ago
Other questions:
  • Pleeeeaaassssee heeeeellllllpppp faaasst brainliest if 2 PPL ANSWER!!!
    7·2 answers
  • I roll two dice. what is the probability that the 2nd number is greater than the 1st?
    9·1 answer
  • trevon spent 8 hours and 15 minutes at an amusement park yesterday he spent 75% of the time at the park about how much time did
    10·2 answers
  • Factor 4a2 - 25. Type your answer in the space provided. Type your answer in the space provided. Do not type spaces in your answ
    12·1 answer
  • Write the equation of the line in slope-intercept form with a slope of -5 and a y-intercept of -1.
    6·2 answers
  • Shanice wanted to make note cards by
    11·1 answer
  • In ΔEFG, the measure of ∠G=90°, the measure of ∠E=78°, and GE = 33 feet. Find the length of FG to the nearest tenth of a foot.
    10·1 answer
  • The circumference of a circle is 100.48 inches. What is the circle's diameter? Use 3.14 for ​.
    10·1 answer
  • Use the distributive property to rewrite each expression in its equivalent form
    12·1 answer
  • Evaluate the expression for the given value of x.<br>4x+9 for x =9​
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!