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
Answer:
.
Step-by-step explanation:
Answer:
An apple costs $2.25. A mango costs $1.25.
Step-by-step explanation:
Let a = price of 1 apple.
Let m = price of 1 mango.
Cameron:
4 apples + 7 mangoes ----> total $17.75
4a + 7m = 17.75
Gavin:
2 apples + 5 mangoes ----> total $10.75
2a + 5m = 10.75
We have a system of 2 equations in 2 unknowns.
4a + 7m = 17.75
2a + 5m = 10.75
We can use the elimination method to eliminate the variable <em>a</em>. Rewrite the first equation. Multiply both sides of the second equation by -2 and write below it. Then add the equations.
4a + 7m = 17.75
(+) -4a - 10m = -21.5
---------------------------------
-3m = -3.75
Divide both sides by -3.
m = 1.25
<em>A mango costs $1.25.</em>
Now we use the first equation and substitute 1.25 for <em>m</em> and solve for <em>a</em>.
4a + 7m = 17.75
4a + 7(1.25) = 17.75
4a + 8.75 = 17.75
4a = 9
a = 2.25
<em>An apple costs $2.25.</em>
Answer: An apple costs $2.25. A mango costs $1.25.
Answer:
3 gallons
Step-by-step explanation:
Length of the rectangular wall = 23.6 feet
Width of the rectangular wall = 19.2 feet
Surface area of the wall = 23.6 × 19.2
= 453.12 square feet
∵ 200 square feet of the wall is covered by the amount of paint = 1 gallon
∴ 1 square feet of the wall will be covered by the amount of paint =
gallons
∴ 453.12 square feet will require the amount of paint = 
= 2.2656 gallons
Therefore, minimum 3 gallons will be required to paint the wall.