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

any help appreciated

Convert the following expressions with rational exponents to the radical form (b)^6/5

what is 9d² +12d + 1 = -3

what is the distance between -0.4 and -8.8

Decrease 300 by 30% and then increase it by 20%

kay’s on is looking at two buildings, building A and building B at an angle of elevation of 73°. Building A is 30 feet away, and building B is 35 feet away. Whi

Lymphadenitis affect on body systems

What is 2x2+2 equal to

If f(1)=5 and f(n)=-2f(n-1)-5 then find the value of f(4)

Which of the following reflects the British influence on Mississippi’s modern culture? flat, one-story buildings heavily stewed and seasoned foods languages sp