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Hitman42 [59]
2 years ago
5

If the reserve rate is 8% and a bank receives a deposit of $7000, how much of

Mathematics
1 answer:
irina [24]2 years ago
4 0

Answer:

The bank can lend $6440 from the deposit amount of $7000

Step-by-step explanation:

Given deposit amount:

$7000

Since the reserve rate is 8%, 8% of 7000 will be reserved by the bank. The bank can lend the remaining amount.

Reserved amount = 7000 * (8/100)

= $560

Amount the bank can lend = 7000-560 = $6440

The bank can lend $6440 from the deposit amount of $7000 ..

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Identify each as an example of exponential growth or decay. What is the y-intercept? What is the end behavior? 1)y=10(0.45)^x 2)
jeyben [28]
The best answer is number 1

5 0
3 years ago
What is the sequence for 6,12,18,24
scoundrel [369]

Answer:

an =6n

Step-by-step explanation:

6,     12,      18,     24

Take the 2nd number minus the first number,  3rd minus the second, etc

12-6  =6

18-12 = 6

24-18 =6

The common difference is 6

The formula for an arithmetic sequence is

an =a1+d(n-1)

 where a1 is the first term

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an = 6+6(n-1)

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7 0
3 years ago
in the lab, Tammy has two solutions thta contain alcohol and is mixing them with each other. She use twice as much Solution A as
Dmitry_Shevchenko [17]

Answer:

She uses 200 milliliters of solution B

Step-by-step explanation:

Notice that there are two unknowns in this problem: 1) the amount of solution A that is being used, and 2) the amount of solution B being used. We can name such unknowns with letters to facilitate our work:

Amount of solution A to be used = A

Amount of solution B to be used = B

So, since we need to find two unknowns, we need to create a system of two equations to solve them.

Our first equation can be obtained from the sentence: "She uses twice as much Solution A as Solution B," which written in mathematical form is:

A = 2 B

The second equation we can build from the information of the amount of alcohol in each solution that combined will add up to 104 milliliters of alcohol in the mixture. Knowing the percent of alcohol in each solution, we can write an equation for the amount of alcohol:

0.19 A + 0.14 B = 104

Now we can use our first equation to substitute A in terms of B in the second equation:

0.19 (2 B) + 0.14 B = 104

0.38 B + 0.14 B = 104

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B = 104 / 0.52

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4 0
3 years ago
Drake wants to save $750 so that he can take a class on computer analysis for cars. The class is being held on various dates ove
STatiana [176]
C. Both options A and B will allow him to meet his goal.



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8 0
3 years ago
A theater wants to build movable steps that they can use to go on and off the stage. They want the steps to have enough space in
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Answer:

fdwef

Step-by-step explanation:

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