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A man decides to deposit 8 million pennies with a reserve requirement of 20 percent how did his deposit change the lending capacity of his bank?
Eight million pennies is $80,000. The man has $64,000 after the 20 percent reserve is meet. The banks capacity is $16,000.
How is 10 percent and 20 percent related?
20 % is twice as much.
How much is 20 percent of 42000?
20 percent of 42,000 is 8,400.
How much is 20 percent of 160.00?
20 percent of 160.00 is 32.
Which would create the most money?
the initial deposit is $6500 and the required reserve ratio is 20 percent
How much is 20 percent of 60000?
20 percent of 60.000 = 12000
How much is 20 percent of 30?
20% of 30 is 6 ; 20 percent = .20 30 x .20 = 6
What much is 20 percent off of 1550.00?
20 percent off of 1550.00 is 310.00.
How much is 20 with 20 percent off?
16.
How much is 20 percent in numbers?
20% = 0.20
How much is 20 percent of 1 dollar?
20¢
How much is 20 percent on a dollar?
20 cents
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