3 years ago

If the reserve rate is 7% and a bank receives a deposit of $9000, how much of the $9000 is the bank free to lend?

Mathematics

1 answer:

gavmur [86]3 years ago

8 0

.07 x $9,000= $630
$9,000-$630= $8,370 that the bank can lend
Hope this helps

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On a particular road map 1/2 inch represents 18 miles about how many miles apart are 2 towns that are 21/2 inches apart on this

andrew-mc [135]

So if 1/2 = 18 miles, we want to first find how many sets of 1/2 are in 21/2. We can just do this by dividing.

(21/2) / (1/2) = 21

So we know that there are 21 sets of 1/2 in 21/2, and since 1/2 and 18 are equal, we can say we know there are 21 sets of 18.

We can multiply to find this.

21 * 18 = 378

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