Answer:
= $3,888.89
Step-by-step explanation:
First, calculate the money multiplier(MM); which is the amount of money that is generated by the banks for each dollar of reserve. In this case, it describes how a deposited amount increases the total supply of money.
Money Multiplier = 1 / reserve ratio
Reserve ratio = 9% or 0.09
Therefore, money multiplier = 1/0.09 = 11.1111
Next, use the reserve ratio to calculate the amount of increase in money supply;
= 11.1111 * $350
= $3,888.89
Answer:
Fourth one
Step-by-step explanation:
To answer this you can use proportions.
4 1/2 6%
------- = ----
X 100%
So, 6/4.5=1.3333...
Finally, 100/1.3333... appeoximately gives you 75.
75 hours are needed to restore the boat.
Hope this helped!
Answer:
m= -1.3
Step-by-step explanation:
subtract 3.4 from both side and than simplify
Answer:
x = 27.57 in to the nearest hundredth.
Step-by-step explanation:
The longer diagonal is opposite the obtuse angle.
Also as it is a rhombus all sides = 14 in.
Use the Cosine Rule:
x^2 = 14^2 + 14^2 - 2*14^2 cos 160
x^2 = 760.36
x = sqrt 760.36
x = 27.57 in.
