If the commercial banking system actually loans out the maximum amount it is able to lend, excess reserves will fall to Zero
.
<u>Explanation:
</u>
The most key elements of the entire financial system are commercial banks. A commercial bank is an agency based on profits that give loans, receive deposits and sell other financial services, including overdraft and digital funds transfers.
Investments and lending money are the main activities of a commercial bank. Deposits are investments of money, real, or time. A commercial bank also lent its customers resources in the type of loans and loan advances, cash loans, overdraft and bill discounts, etc.
If excess reserves of a bank equal to zero, they are lent when excess reserves of a bank exceed zero. Finally, we neglect other investments than stocks, loans, and savings except for checkable deposits.
Answer:
rate = 1.3085%
Amount after 10 years with no withdrawals nor deposits : 2,277.66
Explanation:
the formula for compound interest is as follow:
We plug our values and solve for rate:
r = 2,026.17 /2,000 - 1 = 0.013085 = 1.3085%
in ten years we have:
Amount = 2,277.66
The main responsibility of the Scrum Master is to organize the development team and follow the agreed project priorities. In other words, the Scrum Master exists to keep the team on track.
<h3>What is
Scrum Master?</h3>
- A Scrum Master helps improve and streamline the processes the team uses to achieve its goals.
- Do this as a team member or as a colleague. Ideally not as an administrator.
- The best Scrum teams are self-organized and do not respond well to top-down management.
- Being a Scrum Master is not an easy job, in fact the role is very rewarding.
- The Scrum Master's primary responsibility is to lead and protect the Scrum team, but protecting yourself from management and stakeholders can be difficult.
- A degree is not required, but many employers prefer candidates with a bachelor's degree in a related field such as IT.
- Information Technology. A Scrum Master should have extensive hands-on experience in Agile, as well as excellent teamwork and communication skills.
To learn more about Scrum Master from the given link :
brainly.com/question/28919511
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Answer:
$29,400
Explanation:
The company will distribute dividends only to outstanding shares, since the number of outstanding shares is not specified, we should assume that all the 49,000 shares issued are outstanding shares. The company declared a 2% dividend, so we must multiply the current value of the stock times 2% = $30 x 2% = $0.60 per share.
The total amount distributed was 49,000 outstanding shares x $0.60 per share = $29,400
Answer:
The equipment shall be financially attractive when we have annual cash inflow in excess of 132,686
Explanation:
Calculate the PVIFA ( Present value of interest factor annuity ) at r = 12 % and n = 4 years
= [ 1 - (1.12)-4 ] / 0.12 = 3.03734935
Minimum annual cash flow needed = Investment / PVIFA = 403,014 / 3.03734935
= 132686
The equipment shall be financially attractive when we have annual cash inflow in excess of 132,686