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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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Ron and Amie invested $5,000 in an educational savings account for their daughter when she was born. They were unable to ever ad
galina1969 [7]

Answer:

R=8.333%%

Explanation:

Given,Invested amount =   Principal=P=\$ 5000

Return amount =Amount=A=\$ 10000

Rate=R%%

Time=T=12years

Solution,

Simple interest=S.I=P\times R\times T/100

S.I=\$ 10000-\$ 5000

S.I=\$ 5000

5000=P\times R\times T/100

5000=5000\times R\times 12/100

5000\times 100/5000=R\times 12

R=100/12

R=8.333%%

4 0
3 years ago
A ____ illustrates the logical steps in a process but does not show data elements and associations.
posledela

Answer:

The correct answer to the following question will be "Flowchart".

Explanation:

A flowchart is some kind of diagram representing a process or workflow. You can also define a flowchart as a diagrammatic recognition of a dataset, a move-by-step strategy to resolving a task. The flowchart displays the phases as different types of boxes, or their sequence by linking the boxes to arrows.

Most common forms of flowchart include:

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  • Workflow Diagram.
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Every flow chart deals with one specific system or process. They are an important instrument for process improvement. They support project teams to recognize the different components of a process by providing graphical representation and understand the interconnections between the different steps.

Therefore, Flowchart is the right answer.

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I would think shoes because it’s the only one that can be produced.
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Elaine takes out a $100,000 mortgage on December 1, 1997. Elaine will repay the mortgage over 20 years with level monthly paymen
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I prepared an amortization schedule using an excel spreadsheet. The original monthly payment was $836.44. After the 120th payment, the remaining principal balance was $68,940.64. Since she didn't pay anything for 1 year, the new principal balance will be $68,940.64 x (1 + 8%) = $74,455.89

I prepared another amortization schedule for the remaining 9 years, and the monthly payment is $969.32. She will pay off the loan in 108 months.

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3 years ago
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