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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

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bija089 [108]

Answer:

135°

Step-by-step explanation:

formula = (n-2) * 180, whereby 'n' is the number of sides.

therefore, (8-2) * 180 = 1080°

1080° ÷ number of sides

= 1080° ÷ 8

= 135°

5 0
2 years ago
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A music store bought a CD set at a cost of​ $20. When the store sold the CD​ set, the percent markup was​ 40%. Find the selling
Debora [2.8K]

Answer:

$28

Step-by-step explanation:

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3 years ago
Parallel lines e and f are cut by transversal b what is the value of x?
NikAS [45]

Answer: 25

Step-by-step explanation:

Both lines are being cut by the same transversal so to solve for x, make both equations equal to each other

2x+10 = 3x-15

To isolate x, do the inverse operations (for any side chosen)

Do the inverse operations to move -15 and isolate 3x

Add 15 to 10 (10+15=25)

You now have 2x+25=3x

Now, do the same to combine the x values together

25=3x-2x

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3 years ago
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Travis drove 324 miles and used 12 gallons of gasoline. Find the unit rate
zysi [14]

Answer:

27

Step-by-step explanation:

324 /12 = 27

I think this might be it hope it helps

3 0
3 years ago
Create a story context for the following expression.<br> 1/3 x ($20 - $3.20)
maksim [4K]

Answer:

Julie and her 2 sisters want to buy a new videogame, it costs $20, if their grandmother gives them $3.20 to buy it, how much will each have to pay?

Step-by-step explanation:

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4 0
3 years ago
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