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
andreev551 [17]
3 years ago
8

If the federal reserve decreases the reserve rate from 10% to 80% how does this affect the amount of money that would result bec

ause a fractional reserve banking from an initial deposit into a bank of $40,000
Mathematics
1 answer:
OLga [1]3 years ago
3 0

Answer:

100,000

Step-by-step explanation:

Given :

Initial deposit = 40000

Amount of money = Initial deposit / Reserve rate

When reserve rate = 10% = 0.1

Amount of money = 40000 / 0.1 = 400,000

When reserve rate = 8% = 0.08

Amount of money = 40000 / 0.08 = 500,000

Difference = 500,000 - 400,000 = 100,000

Amount of money will increase by 100,000

You might be interested in
Which is less, 8 ½ pounds or 130 ounces?
Harman [31]
Do you know how to convert pounds to ounces
3 0
2 years ago
Write an expression for the length of the segment
Dvinal [7]

Answer:

x=8

Step-by-step explanation:

a

x+2=7x-3

x+7x=3-2

8×= 1

×=8

b

13y+25=8y+5

13y+8y= 25+5

21y=30

y= 30-21

y=11

8 0
3 years ago
1. At a speed of 80km/h, it takes 10hrs to travel between Abuja and Lagos. How long will it takes to cover the same distance at
Softa [21]

Answer:

1. 8 hours 2. 12 pumps

Step-by-step explanation:

1. 80 ×10=800

there are 800 miles between abuja and lagos

800÷100=8

it will take 8 hours

2. with 3 pumps it takes 36 hours. you need to be 4 times quicker so you need 4 times more pumps.

4×3=12 pumps

3 0
3 years ago
Read 2 more answers
Simplify this expression 2x^4 x x^3​
Fed [463]

Answer:

2x^7

Step-by-step explanation:

Multiply  

x ^4  by  x ^3  by adding the exponents.

4 0
3 years ago
Read 2 more answers
X+56=88 what would x be???
Vanyuwa [196]

Subtract 56 from both sides to get


x+56-56=88-56


x=88-56



x=32

3 0
3 years ago
Read 2 more answers
Other questions:
  • How do I solve 1/3x=x-22
    5·1 answer
  • Cardinal Industries purchased a generator that cost $11,000. It has an estimated life of five years and a residual value of $1,0
    12·1 answer
  • Its only 13 14 15 and 16 thanks
    5·1 answer
  • Thaddeus wants to attend a sports camp this spring that costs $190.00 for the week. He rakes leaves during the fall and earns $6
    13·1 answer
  • 6(2- x/6)=1<br><br><br> Help quick please we need to solve this using distributive property
    5·2 answers
  • Answer 7 and 8 2 questions for brainliest answers UGRENT HELP NOW!!!!!
    11·2 answers
  • The Magna Carta
    11·2 answers
  • A right triangle has a height of 20 centimeters and a base of 10 centimeters. What is the area of the triangle?
    11·2 answers
  • Help me with this please​
    14·1 answer
  • A wheel turn 90 revolution per minute How many degrees dose it turn through in 1 second?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!