Answer: $ 81,000
Step-by-step explanation:
After ACC Spellman Company deposits its $ 100,000 into Itsa Bank, Itsa will have $ 90,000 as maximum allowable amount to loan to company B Bugle since it has to reserve 10% of the $ 100,000 or $ 10,000.
When That There Bank receives the $ 90,000, it can loan out $ 81,000 as a maximum amount and reserve $ 9000 ( 10% of 90,000) .
Answer:
no, it's 81
Step-by-step explanation:
9×9=81 hope that this helps you and have a great day :)
10
Step-by-step explanation:
Answer: 5%
Step-by-step explanation:
The number of employees that took Winter vacation = 75%
The number of employees that took Both winter and summer vacation = 40%
The number that took Neither = 20
The total number of employees (%) =Winter + Summer - Both + Neither = 100%
75%+ Summer - 40%+ 20%= 100%
Solving for Summer = 45%
Now we are interested in the employees that took summer but not winter = Summer only = Summer - Both(i.e. summer overlap with winter) = 45%-40%= 5%