jjfl9eesotnourtleA jjfl9eesotnourtleA

01-11-2016
Social Studies

contestada

Fiona deposits $2,000 into a savings account. if the fed requires a 20 percent reserve ratio, how much of fiona’s money can the bank lend?

Respuesta :

andriansp andriansp

04-11-2016

The amount the the fed require =

20/100 x 2,000 = 400

The amount of money that Fiona's bank can lend is : $ 2,000 - $ 400
= $ 1,600

Hope this helps

Answer Link

WageWolf WageWolf

12-11-2018

$1,600, since 20% must remain in the account.

Answer Link

Otras preguntas

When you want to use the current backup of all of the files, which option should be selected?

Prepare the income statement of Centerpiece Arrangements for the year ended December 31, 2018.Centerpiece Arrangements has just completed operations for the yea

(A) this relation is not a function (B) this relation is a function

Solve the following equation 2x=15-1x

What does Carnegie mean when he writes that “The ‘good old times’ were not good old times” (Foner 33)?

What is the area of the figure below? 6 in. 58 in2 63 in 2 8 in. 61 in 2 5 in. 4 in 53 in 2 8 in. 6 in. A

A toy company spends $1900 for factory expenses plus $11 per toy truck (t) to make each toy truck. The trucks (t) sell for $30 each. What is the equation in ter

A box contains four tiles 1,4,5 and 8 as shown. Kelly chooses one time places it back in the box then chooses a second tile. What is the probability that the su

Which of the following about the plasma membrane is not true? a. It is made of lipid molecules b. It protects the cell's cytoplasm c. It contains proteins d.

How to prevent environmental hazards?