The reserve rate is what the bank keeps. This means it can loan out ( 100% -3%) = 97% of the deposit.
16,000 x 0.97 = $15,520 can be loaned out.
My answer is b.
truly sorry if im wrong, but hoped i helped a bit.
1/12 miles/ 4 parts= 1/48 miles/part.
Each part of his journey will be 1/48 miles~
Answer:
294
Step-by-step explanation:
40x7=280
2x7=14
280+14=294
Answer:$o.21
Step-by-step explanation:
.28 times .75 is .21