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
2m=6n-5 ;n 1,2,3 can u solve equation
Sholpan [36]
M= 2.5 + 3n ggujbgujbgygg
4 0
4 years ago
PLZZZZZZZZZZZZZZZZ HELP ME !!!!!!!!!!!!!!!!!!!!!!!!!!!
kramer

Answer:

(a.) On line 4, Travis subtracted $188 from $180 and got a positive answer. The difference  should be -$8.00.

(b.) <em>(work provided in picture)</em> To get his account back to 0, Travis needs to deposit $21.80 or more to avoid another  overdraft fee.

3 0
4 years ago
Help.please ASAP will mark brainliest
ZanzabumX [31]

Answer:

Step-by-step explanation:

B

C

D

E

3 0
4 years ago
A die is tossed. fi d the odds against rolling a number greater than 1
anzhelika [568]
8.333333 reoccurring. 1 divided into 6 is 1.666667. Multiply by the remaining amount, 5? Idk
8 0
4 years ago
Enter the value of 7.(2+18) -14​
Digiron [165]
126
That’s the answer
8 0
4 years ago
Read 2 more answers
Other questions:
  • 3. At a bargain store, Tanya bought 3 items that each cost the same amount. Tony bought 4 items that each cost the same amount,
    14·1 answer
  • Is y=1.25x proportional
    13·1 answer
  • HELP ASAP!! the graph is in the picture above to reference it!!
    14·2 answers
  • When using base-10 blocks to divide 452 by 2, how many hundreds flats will be in each equal group? hundreds flats Divide 452 by
    5·1 answer
  • Cherri said that 0.9 divided by 3 = 0.3. Is she correct? Explain why or why not.
    5·2 answers
  • A ball is launched straight up from the ground with an initial velocity of 128 feet per second. 19a. At what time does the ball
    7·1 answer
  • Please help with this 2+4(5-8). step by step
    10·2 answers
  • Complete the factorization 3x^2-10x+18
    12·2 answers
  • Help please!! Urgent!! Complete the equality. Identify the property down below. 62+7+41=62
    13·1 answer
  • Please help me im confused as heck
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!