If a bank has total deposits of $7,700 and reserves of $2,100: instructions: round to the nearest whole number. (a) what is its
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Answer:
or y = 0.25x + 0.5
Step-by-step explanation:
You need to try change the subject from x to y.
x = 4y - 2
We first move -2 to the left, making the equation
x + 2 = 4y i.e.
4y = x + 2
We then divide both sides by 4.
or y = 0.25x + 0.5
We now have successfully made y the subject, and effectively solving the equation.