subject
Mathematics, 04.08.2019 19:30 crybaby222psyc

Solo savings bank received an initial deposit of $6000. it kept a percentage of this money in reserve based on the reserve rate and loaned out the rest. the amount it loaned out was eventually all deposited back into the bank. if this cycle continued indefinitely and eventually the $6000 turned into $200,000, what was the reserve rate?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 13:00
In a box lenght 1m breadth 60 cm and height 40 cm small rectangular packets of dimension 5 cm into 8 cm into 10 cm are packed. how many such small packets can be packed in the big box?
Answers: 2
question
Mathematics, 21.06.2019 17:00
How do you find the area of a triangle
Answers: 1
question
Mathematics, 21.06.2019 20:30
Answer for 10 points show work you guys in advanced < 3
Answers: 1
question
Mathematics, 21.06.2019 23:00
Apoll is being conducted at a mall nothingto obtain a sample of the population of an entire country. what is the frame for this type of​ sampling? who would be excluded from the survey and how might this affect the results of the​ survey? what is the frame for this type of​ sampling? a. the frame is people who need new clothes. b. the frame is people who shop at the mall. c. the frame is people who like to shop. d. the frame is the entire population of the country. who would be excluded from the survey and how might this affect the results of the​ survey? a. any person that does not need new clothes is excluded. this could result in sampling bias due to undercoverage. b. any person who does not shop at the mall is excluded. this could result in sampling bias due to undercoverage. c. any person who does not shop at the mall is excluded. this could result in nonresponse bias due to people not participating in the poll. d. there is nobody that is being excluded from the survey.
Answers: 3
You know the right answer?
Solo savings bank received an initial deposit of $6000. it kept a percentage of this money in reserv...
Questions
question
World Languages, 07.10.2020 14:01
question
Mathematics, 07.10.2020 14:01
question
Spanish, 07.10.2020 14:01
Questions on the website: 13722367