1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Hitman42 [59]
3 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]3 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 ..

You might be interested in
Y=3x-2<br> Y=2x-5<br> Find X and Y using substitution
tiny-mole [99]

y = 3x -2~~~.....(i)\\\\y = 2x-5~~~.....(ii)\\\\\text{Substitute equation (i) in equation (ii):}\\\\3x-2 = 2x -5\\\\\implies 3x -2x = -5+2\\\\\implies x = -3\\\\\text{Substitute}~ x =-3,~ \text{in equation (i):}\\\\y = 3(-3) -2 = -9 -2 = -11\\\\\text{Hence,}~ (x,y) = (-3,-11)

4 0
3 years ago
What is the length of JM
Sloan [31]

Answer:

<u>JM </u><u> </u><u> </u><u>.</u><u>.</u><u>.</u><u>.</u><u>.</u><u>.</u><u>.</u><u>.</u><u>.</u><u>.</u><u>.</u><u>.</u><u>.</u><u>.</u><u>.</u><u>.</u><u>.</u><u>?</u><u>?</u><u>?</u><u>?</u><u>?</u><u>?</u><u>?</u>

8 0
3 years ago
Read 2 more answers
Answer choice D.) is 13/5<br> Please help, 10 points up!
Elan Coil [88]

c                                                                                                                           thats the answer :)


8 0
3 years ago
two rectangular properties share a common side. Lot is 33 feet wide and 42 feet long. The combined area of the lots is 1,848 squ
klio [65]

First, find the area of lot A.

To find the area, multiply the length by the width.

33*42=1,386

Now, subtract the area of lot a from the total area. This will give us the area of lot b.

1,848-1,386=462

The area of lot b is 462 square feet.

Finally, divide the area of lot b (462) by its length to find the width. Since they both share a side, we know that it’s length is 42 feet.

462/42=11

Lot b is 11 feet wide.

Hope this helps!

4 0
3 years ago
What is the slope of the line passing through the points (1, −5) and (4, 1)?
hjlf
The annnnnssssssswer is c
3 0
3 years ago
Other questions:
  • I’m not very good at these so someone help me out :,)
    6·2 answers
  • Last
    12·1 answer
  • Find three consecutive odd integers so that the sum of twice the first, the second
    5·1 answer
  • Use 2 points to write an equation for each function. Exponential functions.
    9·1 answer
  • Parallel to y = 3x − 2 and passes through (1, 4)
    5·1 answer
  • What is the area of the following circle if the diameter is 2?
    7·1 answer
  • Work out the sizeof angle X
    13·1 answer
  • How much interest will you have in 6 months if you invest $1,000 at 3% compounded monthly? round your answer to the nearest penn
    6·1 answer
  • a package of 3 pairs of insulated gloves costs 19.77. what is the unit price of the pairs of gloves?​
    7·1 answer
  • 13) Circle O is shown with point A, B, C, and D on Circle O.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!