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tangare [24]
3 years ago
14

Stealth Bank has deposits of $700 million. It holds reserves of $70 million and has purchased government bonds worth $215 millio

n. The bank's loans have a market value of $490 million. What does Stealth Bank's net worth, or equity capital, equal?
Mathematics
1 answer:
zhannawk [14.2K]3 years ago
4 0

Answer:

$75 million

Step-by-step explanation:

Given that:

Reserve value = $70 million

Purchased government bond = 215 million

Market value of loan = $490 million

Net worth :

Assets - liability

Assets = (Market value of loan + purchased government bond + reserve value)

(490 million + 215 million + 70 million)

275 million + 70 million

= $775 million

Liability = Deposits = $700 million

Net worth = ($775 - $700) million

Net worth = $75 million

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The conversion rate for US Dollars to Costa Rican Colones is 1 USD = 518 Colones.
allsm [11]

The cost of 0.5 kg of bananas is 393.60 Colones as per the given conversion rates

Conversion rate of 1 USD to Costa Rican Colones = 518 Colones

The conversion rate of kg to pounds given in the question: 1 kg = 2.2025 lbs

Cost of one pound of bananas = $0.69

Bananas required to be purchased = 0.5kg

Converting 0.5kg bananas to pounds = 0.5*2.2025 = 1.10125 pounds

Cost of 1.10125 pound of bananas in dollars = 1.10125*0.69 = 0.7598

Cost of 1.1025 pounds of bananas in Colones = 0.7598*518 = 393.60 Colones

Hence, the cost is 393.60

Therefore, the cost of 0.5 kg bananas in Colones is 393.60 Colones

Learn more about conversion rate:

brainly.com/question/2274822

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5 0
1 year ago
1. General Trades A roofer earns $24 per hour plus $36 per hour overtime. If he puts in 40 hours of regular time during a certai
snow_tiger [21]

Answer:

He should work 6\frac{2}{3} hours in overtime.

Step-by-step explanation:

Let x represents the number of hours of regular time and y represents the number of hours of overtime,

Since, earnings are $24 per hour for regular time and $36 per hour for overtime,

Thus, total earning = (24x + 36y) dollars,

Here, x = 40 hours and total earning = $ 1200,

By substituting the values,

1200 = 24(40) + 36y

1200 = 960 + 36y

240 = 36y

⇒ y = 6\frac{2}{3}\text{ hours}

Hence, he should work 6\frac{2}{3} hours in overtime.

5 0
4 years ago
Three vertices of square WXYZ are W(1, 4), X(4, 0), and Y(0, –3). What are the coordinates of the fourth vertex?
BARSIC [14]
Hello,

Z=(-3,1)
============



8 0
3 years ago
Find the solution of y = 6x + 1 for x = 5.
Fudgin [204]
The solution is D.
By plugging the x value, 5, into the equation:
6*5=30
30+1=31
y=31
the x value is 5 and the y value is 31
(5, 31)
hope that helps!
7 0
3 years ago
Read 2 more answers
How do you find the answer
kati45 [8]
The answer is (2, 0).
4 0
3 years ago
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