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.
Answer: B. 130% increase
Step-by-step explanation:
Given function : 
If x represents the number of years, we have to determine the two values of y in consecutive terms to determine if the value of y increases or decreases after a year.
This function is equivalent to the exponential growth function
, where A=0.35 and (1+r)=2.3, [A= initial amount , r=annual percent increase]
Thus,
Hence, the annual percent increase is 130%.
Answer:
0.0816
Step-by-step explanation:
Given:
- Total number of students = 5000
- Number of students taking an online class = 1200
- Number of students prefer watching baseball to football = 1700
Let O = Students taking an online class
Let B = Students prefer watching baseball to football
Therefore,
P(O) = 1200/5000 = 0.24
P(B) = 1700/5000 = 0.34
If events O and B are independent,
⇒ P(O ∩ B) = P(O) · P(B)
= 0.24 × 0.34
= 0.0816
