jonlandis6
13.08.2021 •
Mathematics
If the reserve rate is 3% and a bank receives a deposit of $16,000, how much of the $16,000 is the bank free to loan out?
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Ответ:
The reserve rate is what the bank keeps. This means it can loan out ( 100% -3%) = 97% of the deposit.
16,000 x 0.97 = $15,520 can be loaned out.
Ответ:
C
Step-by-step explanation:
Ответ:
111,865.74
Step-by-step explanation:
it is that answer because you want to multiply then divide