If you look it up your question on google your answer will come up and click on the very top link.
Answer:
$33,333
Explanation:
Given that,
Amount of deposits received by banks = $4,000
Reserve requirement ratio = 12%
Money multiplier:
= 1 ÷ Reserve requirement ratio
= 1 ÷ 0.12
= 8.33
Therefore, the total increase in check-able deposit is calculated as follows:
= Amount of deposits × Money multiplier
= $4,000 × 8.33
= $33,333
D. It states that to allow enough time<span> to complete the activities that you've planned.</span>
The term "balance" mean is the total amount that you currently owe to the credit card company. Based on the statement above, therefore, Reginald owe's $550 from the credit card company and this is the total amount that he used in his expenses using the credit card.
