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

What is one common misconception students have that prevent them from filing the FAFSA?

Is Largeleaf pennywort tolerent to sea spray?

How do you write the difference of a number 11 and d

pls helpp :(( i really need to finish this and i’m confused lol

Help me with these questions 15points

Physical properties of reactants: Physical properties of products: 12. When you mix baking soda (a white powder) and vinegar (a clear liquid), you produce carbo

Asap anwer plssssss!!! Ed can ride 30km on the bicycle in the same time it takes him to walk 14km. If his riding rate is 10kph faster than his walking rate,

(picture included) brainliest

What does the Constitution say about how Congress operates?

Need help PLSS don’t need to answer all