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Veseljchak [2.6K]
3 years ago
9

For a depository institution, reserves are: liabilities it owes to customers. assets on the balance sheet. borrowings from the c

entral bank. checkable deposits. loans to individuals and businesses
Business
1 answer:
elixir [45]3 years ago
7 0

Answer:

assets on the balance sheet.

Explanation:

Reserves are percentages of deposits that are required for depository institutions to keep to meet unforeseen contingency. they are usually kept in bank vaults

they are assets and they cannot be lent out

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A client who owns an online running shoe store wants to drive sales of a particular model of women's running shoes. What keyword
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Answer:

Brand name, Running, Comfortable, Resistant, Trendy, Heavy duty,  Best seller (In case it is)

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Brand name, Running, Comfortable, Resistant, Trendy, Heavy duty,  Best seller (In case it is),

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3 years ago
you own 100 shares in each of three companies, each company pays a dividend. gillete pays 1.15 per share in dividends, general e
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Answer:

$278

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3 0
3 years ago
Derek plans to retire on his 65th birthday. However, he plans to work part-time until he turns 75.00. During these years of part
ser-zykov [4K]

Answer:

Annual deposit= 13,346.55

Explanation:

Giving the following information:

Exactly one year after the day he turns 75.0 when he fully retires, he will begin to make annual withdrawals of $129,100.00 from his retirement account until he turns 94.00. After this final withdrawal, he wants $1.85 million remaining in his account.

He will make contributions to his retirement account from his 26th birthday to his 65th birthday.

Assume an 8.00% interest rate.

First, we need to calculate the amount of money needed at 65.

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FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (3,189,040.85*0.08)/[(1.08^39)-1]= $13,346.55

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Disequilibrium occurs when the quantity supplied and the quantity demanded are not the same in a market. The statement presented is True.

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3 years ago
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