Answer:
$0.16
Step-by-step explanation:
1.99/12
.165
$0.16
A.) The current reserve ratio is given by the fraction of the bank's total deposits held in reserves.
Given that the bank's total deposits is $7,200 and the reserves is $1,600, the current reserve ratio is given by:

b.) The loan portfolio is given by (total deposit - reserves) / total deposits
Thus, the loan portfolio of the given bank is given by:
Answer:
The probability that two of them
die is 0.257
Step-by-step explanation:
From the question, we have that the mortality rate is 0.1
So the probability that they will survive is 1-0.1 = 0.9
Now, we want to check that two will die
We are going you use the Bernoulli approximation of the Binomial theorem as follows
= nCr * p^n * q^(n-r)
where n = 16
r = 2
P = 0.1
q = 0.9
Substituting these values;
14 C 2 * 0.1^2 * 0.9^12
= 0.257
Answer:
around 4.1
Step-by-step explanation:
For this question, the equation I got was (x+3)^2 + (y-6)^2 = r^2.