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Mathematics, 21.04.2021 23:00 maddie02294
Assume Bank A recieved an initial deposit of $6,000, bank B recieved an initial deposit of $10,000, and bank C recieved an initial deposit of $20,000. Each kept a percentage of the money deposited in reserve based on the reserve rate and loaned out the rest, and the amount each loaned out was eventually all deposited back into the bank. This cycle continued indefinetely for all three banks. A list of initial deposits, money multipliers, reserve rates, and total amounts deposited is shown below.
Initial deposits: $6,000, $10,000, $20,000
Money multipliers: 50, 25, 20
Reserve rates: 5%, 2%, 4%
Total amount deposited: $100,000, $200,000, $150,000
Part 1: Choose the initial deposit, money multiplier, reserve rate, and total amount deposited that woud make sense for bank A. Justify your answer.
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Answers: 3
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20.ju inces. which ordered pair is a viable solution if x represents the number of books he orders and y represents the total weight of the books, in ounces? (-3,-18) (-0.5, -3) (0,0) (0.5, 3)
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Assume Bank A recieved an initial deposit of $6,000, bank B recieved an initial deposit of $10,000,...
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