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.
I think that’s the correct one:)
Answer:
x = 53
Step-by-step explanation:
Similar means that the corresponding angles are congruent (the same) - basically what this means is that ∠L ≅ ∠G, ∠M ≅ ∠J, and ∠N ≅ ∠H.
Since we know that the angle measures in a triangle should add up to 180 and we know the measures of ∠L and ∠M already, we can do
180 = 67 + 60 + N
So, N = 180 - (67 + 60) = 180 - 127 = 53.
Since ∠N ≅ ∠H, ∠H = 53.
Answer:
6 $1 bills, 5 $5 bills
Step-by-step explanation:
Say the student has x $1 bills.
Then they have 11 - x $5 bills.
31 = 1 * x + (11 - x) * 5 = 55 - 4x
4x = 55 - 31 = 24
x = 6
So, they have 6 $1 bills and 11 - 6 = 5 $5 bills