The manager of the bank where you work tells you that your bank has $10.9 million in excess reserves. She also tells you that the bank has $203 million in deposits and $164 million in loans. Given this information you find that the reserve requirement must be what percent?

Enter a number rounded to one decimal place. You may assume that the bank does not hold any other assets or liabilities besides reserves, loans, and deposits.

In a high school with 3000 students, counselors are putting together a math tutoring program for the neighboring middle school. they plan to invite high school students with high average test scores to tutor middle school students, and they would like to offer gift cards to the student tutors. the counselors have a spreadsheet showing each student’s average test scores, and in order to find out how many gift cards they should purchase, the counselors need to count how many students would qualify to become tutors. which type of function would best the counselors determine the number of eligible students?