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2 years ago

If the Fed's reserve requirement is 5 percent, then what quantity of excess reserves does the Bank of Cheerton now hold?

Mathematics

1 answer:

elixir [45]2 years ago

8 0

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.

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Simplify the exponential expression.

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The solution for the expression (v²)(m⁴)/(v²)(m³) will be m. The correct option is C.

<h3>What is an expression?</h3>

Expression in maths is defined as the collection of the numbers variables and functions by using signs like addition, subtraction, multiplication, and division.

Numbers (constants), variables, operations, functions, brackets, punctuation, and grouping can all be represented by mathematical symbols, which can also be used to indicate the logical syntax's order of operations and other features.

The given expression will be solved as below:-

E = (v²)(m⁴)/(v²)(m³)

Divide v² by the same term v².

E = (m⁴)/(m³)

E = m

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$v = \frac{4}{3} \pi r^{3}$

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