Answer:
$75 million
Step-by-step explanation:
Given that:
Reserve value = $70 million
Purchased government bond = 215 million
Market value of loan = $490 million
Net worth :
Assets - liability
Assets = (Market value of loan + purchased government bond + reserve value)
(490 million + 215 million + 70 million)
275 million + 70 million
= $775 million
Liability = Deposits = $700 million
Net worth = ($775 - $700) million
Net worth = $75 million
Answer:$32
Step-by-step explanation: So if the double pack of CD's is 20 dollars and that $4 less than 3/4 of the triple pack, then $20 + $4 = $24, then to find how much 1/4 of the cost is we divide 24 by 3, getting $8. Finally we multiple $8 by 4 to get $32, so the cost for a triple pack is $32.
-2Step-by-step explanation:
