The initial value is 3. The common ratio is -9/3 = -3. The general formula is
.. an = a1*r^(n-1)
So, for your values, ...
.. an = 3*(-3)^(n -1)
Let's first denote:
F - a favorable response
F' - an unfavorable response
S - successful
We know that:
So, from the conditional probability, we can calculate:
Answer E.
246. (it says my answer is to short but so i have to type useless stuff anyways the answer is 246 lol have a nice day!)
The correct answer for this question is this one: "D it increases by $1,800,000"
<span>If the federal reserve decreases the reserve rate from 2.5% to 1.25%, this affect the amount of money that would result because of fractional reserve banking from an initial deposit in a bank of $45,000 is that </span><u>it increases by $1,800,000</u>Hope this helps answer your question and have a nice day ahead.
