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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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You gave $770 to your cousin. As a token of gratitude, your cousin gave you $1,190 at the end of the year instead of $770. If yo
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Answer:

annual rate of return  = 54.55%

Explanation:

given data

gave to your cousin present value = $770

cousin give you future value = $1190

solution

we get here annual rate of return that is express as

annual rate of return = \frac{future\ value}{present\ value} - 1    ...................1

put here value and we get

annual rate of return = \frac{1190}{770} - 1

solve it we get

annual rate of return  = 54.55%

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Palladia specializes in the production of beef and produces beef more efficiently than any other country. It buys wheat, which i
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Answer:

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