The reserve rate is what the bank keeps. This means it can loan out ( 100% -3%) = 97% of the deposit.
16,000 x 0.97 = $15,520 can be loaned out.
Answer:
i would like to. the answer is 4
Step-by-step explanation:
Showing work:
x+(x-4)+4x=62
6x-4=62
6x=66
x=11
The numbers are: 11, 7, 44
Answer:
The median is usually preferred in these situations because the value of the mean can be distorted by the outliers. However, it will depend on how influential the outliers are. If they do not significantly distort the mean, using the mean as the measure of central tendency will usually be preferred.
Answer:
33°
Step-by-step explanation:
9.17% = 9.17/100

= 33°