The quantity of excess reserves that the Bank of Cheerton now hold is $210
From the attached table, the amount generated on the reserve is $4,200
If the Fed's reserve requirement is 5 percent, then the quantity of excess reserves that the Bank hold is given as:
Quantity of excess reserves = 5% of $4,200
Quantity of excess reserves = 0.05 * 4200
Quantity of excess reserves = $210
Hence the quantity of excess reserves that the Bank of Cheerton now holds is $210.
Learn more on discounts here; brainly.com/question/24304697
Answer:
4
Step-by-step explanation:

Hope this helps.
<span>(-14 + 3/2b) - (1 + 8/2b)
= -14 - 1 + 3/2b - 8/2b
= -15 - 5/2b
In short, Your Answer would be Option C
Hope this helps!</span>
Answer:
16.8
Step-by-step explanation:
You have to do 360 divided my 6048 because you have to do things on both numbers like moving the decimal.
Answer:
c ln (x^3/y^3)
Step-by-step explanation:
3 ln x - 3 lny
We know that a ln b = ln b^a
ln x^3 - ln y^3
We also know ln a - ln b = ln (a/b)
ln (x^3/y^3)