julgonzalez96 julgonzalez96
  • 10-02-2017
  • Mathematics
contestada

If the reserve rate is 7% and a bank receives a deposit of $9000, how much of the $9000 is the bank free to lend?

Respuesta :

dbruce0407 dbruce0407
  • 10-02-2017
.07 x $9,000= $630
$9,000-$630= $8,370 that the bank can lend
Hope this helps
Answer Link

Otras preguntas

What is the exact circumference of a circle with a radius of 12 inches?
In a coin collection, the number of dimes is 6 more than twice the number of nickels. If the collection has 36 dimes, how many nickels are in the collection?
Mrs porcelli’s classroom bulletin board is 2/1/4 feet long. Ms Smith’s bulletin board is 3 times as long Mrs porcelli’s.How long is Ms.Smith’s board.
A university administrator obtains a sample of the academic records of past and present scholarship athletes at the university. The administrator reports that n
List four topics which astronauts learn about during their training.
A main aspect of global economy focuses on
Which of the following images represents an archipelago?
Read the excerpt, and then answer the question below. One day in spring four men were riding on horseback along a country road. These men were lawyers, and the
what is the answer for -3-(a-2)=7a+15
IXL geometry help pls!