Answer:
8,425.47
Step-by-step explanation:
Total Principal: $7,900.00
Total Interest: $525.47
interest rate of 1.29% compound quarterly is equivalent to annual rate of 1.296%
Answer:
0.027
Step-by-step explanation:
Convert to a fraction, then convert to a decimal by dividing the numerator by the denominator.
The factors of 189 are: 1, 3, 7, 9, 21, 27, 63, 189.
1 × 189 = 189
3 × 63 = 189
7 × 27 = 189
9 × 21 - 189
Answer:
The maximum deposit is $4,000 billion.
Step-by-step explanation:
Consider the provided information.
It is given that the required reserve ratio of 10 percent for all banks.
It is given that total bank reserves of $400 billion.
Let the maximum deposit is x.
Therefore, 10% of x = $400 billion
Hence, the maximum deposit is $4,000 billion.
Answer:
The 2 numbers are 512.8 and 487.2.
Step-by-step explanation:
Let the numbers be x and y, then:
x + y = 1000............(1)
x^2 - y^2 = 25600
(x + y)(x - y) = 25600
1000(x - y) = 25600
x - y = 25.6............(2)
Adding (1) + (2):
2x = 1025.6
x = 512.8
so y = 1000 - 512.8
y = 487.2.
