Answer : A it is decreased by $70,000
Federal reserve sells $70,000 in treasury bonds to a bank.
Removing cash decreases the money supply . Money supply decreases when exchanging for bonds. That is the immediate effect on money supply.
Federal reserve sells $70,000 . so money supply is decreased by $70,000
Absolute Value. The absolute value of a number is its distance from zero on the number line. For example, -7 is 7 units away from zero, so its absolute value would be 7.
Answer:
A
Step-by-step explanation:
Looking at the function, we have;
V(t) = 1,000(1.06)^t
Mathematically, the amount earned on an investment that offers a particular constant percentage return to a particular number of years can be written as;
V = I(1 + r)^t
where V is the value of the investment after some certain number of years
I is the initial amount invested
r is the constant percentage increase
and t is the number of years.
Let’s now re-write what we can deduce in the question.
This is;
V(t) = 1000(1 + 0.06)^t
Thus what this 0.06 represents is r which is the constant interest rate
Answer:
0.1137= 11.37%
Step-by-step explanation:
Assuming there are 365 days in one year and every people have 1 birthday, then the chance for two people to have the same birthday is 1/365 and the chance they are not is 364/365. We are asked the chance for at least one match among 44 people. The opposite of the condition is that we have 0 matches and easier to calculate. The calculation will be:
P(X>=1)= ~P(X=0) = 1
P(X>=1)=- P(X=0)
P(X>=1)=1 - (364/365)^44
P(X>=1)=1- 0.8862
P(X>=1)=11.37%
