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
current reserve ratio? % (b) how large is its loan portfolio (outstanding loans)? %
1 answer:
A.What is the total amount of deposits?_Deposits= ($2,000 – $500)/.20 =$7,500
b.What is the total amount of loans? _Loans = $7,500 - $2,000 = $5,500_
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f(4)=14
Step-by-step explanation:
f(x)=3x+2
f(4)=3x+2
f(4)=3*4+2
f(4)=12+2
f(4)=14
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Step-by-step explanation:
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