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3 years ago

How do banks use deposits?

1 answer:

3 0

As mentioned before, banks basically make money by lending money at rates higher than the cost of the money they lend. More specifically, banks collect interest on loans and interest payments from the debt securities they own, and pay interest on deposits, CDs, and short-term borrowings.

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What is the value of k?

Molodets [167]

Answer:

$( {x}^{2} + 16x + 64) - (x + 8)(x - 4) = k(x + 8) \\ ( {x + 8)}^{2} - (x + 8)(x - 4) = k(x + 8) \\ (x + 8) - (x - 4) = k \\ k = (x - x) + (8 + 4) \\ k = 12$

4 0

3 years ago

Read 2 more answers

105% of 260 What is the answer?

damaskus [11]

Percent means parts out of 100
105%=105/100=1.05
'of' means multiply

105% of 260=1.05 times 260=273

6 0

3 years ago

Read 2 more answers

Suppose that two openings on an appellate court bench are to be filled from current municipal court judges. The municipal court

Ksju [112]

Answer:

$(a)\dfrac{92}{117}$

$(b)\dfrac{8}{39}$

$(c)\dfrac{25}{117}$

Step-by-step explanation:

Number of Men, n(M)=24

Number of Women, n(W)=3

Total Sample, n(S)=24+3=27

Since you cannot appoint the same person twice, the probabilities are without replacement.

(a)Probability that both appointees are men.

$P(MM)=\dfrac{24}{27}X \dfrac{23}{26}=\dfrac{552}{702}\\=\dfrac{92}{117}$

(b)Probability that one man and one woman are appointed.

To find the probability that one man and one woman are appointed, this could happen in two ways.

A man is appointed first and a woman is appointed next.
A woman is appointed first and a man is appointed next.

P(One man and one woman are appointed) $=P(MW)+P(WM)$

$=(\dfrac{24}{27}X \dfrac{3}{26})+(\dfrac{3}{27}X \dfrac{24}{26})\\=\dfrac{72}{702}+\dfrac{72}{702}\\=\dfrac{144}{702}\\=\dfrac{8}{39}$

(c)Probability that at least one woman is appointed.

The probability that at least one woman is appointed can occur in three ways.

A man is appointed first and a woman is appointed next.
A woman is appointed first and a man is appointed next.
Two women are appointed

P(at least one woman is appointed) $=P(MW)+P(WM)+P(WW)$

$P(WW)=\dfrac{3}{27}X \dfrac{2}{26}=\dfrac{6}{702}$

In Part B, $P(MW)+P(WM)=\frac{8}{39}$

Therefore:

$P(MW)+P(WM)+P(WW)=\dfrac{8}{39}+\dfrac{6}{702}\\$P(at least one woman is appointed)=\dfrac{25}{117}$

5 0

3 years ago

Round 877.71 to the nearest tenth

Rainbow [258]

The 7 after the decimal is in the tenths place, so look at the one in the hundredths place. It is less than 5, so the 7 is not rounded up and stays 7. 877.7 is 877.71 rounded to the nearest tenth.

4 0

4 years ago

Read 2 more answers

How do i find the shorted distance between the point and the line

m_a_m_a [10]

Answer:

5 units

Step-by-step explanation:

3x + 4y = 8

4y = -3x+8

y = -3/4+2

The shortest distance between a point and a line is the perpendicular line.

Slope of the perpendicular line: 4/3 and point (-3,-2)

b = -2-(4/3)(-3) = 2

Equation of the perpendicular line: y=4/3x+2

y is equal y

4/3x+2= -3/4x+2

4/3x +3/4x = 2-2

x = 0

Plug x=0 into one of the equations to find y

y = 4/3(0) + 2

y = 2

(0,2) and (-3,-2)

Distance = sqrt [(-3-0)^2 + (-2-2)^2]

Sqrt (-3)^2+ (-4)^2

Sqrt 25 = 5

3 0

3 years ago