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If the reserve rate is 4 and a bank receives a deposit of 12000 how much of the 12000 is the bank free to loan out?
If the reserve rate is 4%, the bank must hold 4% of the deposit as reserves. For a deposit of $12,000, the required reserves would be $480 (4% of $12,000). Therefore, the amount the bank is free to loan out is $11,520 ($12,000 - $480).
If the reserve rate is 6 and a bank receives a deposit of 14000 how much of the 14000 is the bank free to loan out?
$13,160
If the reserve rate is at 9 and a bank receives a deposit of 8000 how much of the 800 is the bank free?
$7280, 9% of 8000 is 720 and they are free to loan everything except the $720.
How much time do you get to repay a loan?
depends on the length of the loan. at what you have arranged with your bank, or loan angency
How much interest earned on a loan?
depends on your bank.
How much money should a person get back after suiting the bank for breching a loan contract?
How much money should a person get back after suiting the bank for breching a loan contract?
How does one use a bank loan calculator?
A bank loan calculator decides how much the bank can borrow a person for a selected period of time. The loan calculators also sum up how long it will take one to pay off the total debt with interest. To use a bank loan calculator, go to the bank website, select the type of loan, enter the duration of the loan and the results will be displayed on screen.
How much interest does a bank charge when borrowing money?
The amount of interest that a bank charges when you take a loan from them varies greatly. Every bank is different, and even in a specific bank rates can be different. A personal loan to a car loan will have different rates. Your best bet is to call your local bank and ask them the rate for the specific loan you need.
Can you get an additional loan on property already collateralized?
If it is with the same bank/financier then - Yes (Depending on how much loan you already have and how much collateral you have provided) Ex: Lets say you have a bank CD of $100,000/- as a collateral for a loan of $50,000 then the bank may give you extra loan against that CD. But if you already have a loan of $150,000 then the bank may not give you any further loans on the same collateral If with a different bank/financier then - No. If you provide something as collateral you need to submit the original docs to the bank. So any other bank may not grant you loans on that collateral.
How much is 4.00 percent on 12.000?
4.00 percent on 12000 = 4804% of 12000= 4% * 12000= 0.04 * 12000= 480
How much loan did India taken from world bank?
1 Rs
What is the loan to deposit ratio of the bank?
The loan to deposit ratio of a bank is a measure of how much money the bank has lent out compared to how much it has in deposits. It is calculated by dividing the total loans by the total deposits. A higher ratio indicates that the bank is lending out more money relative to its deposits.
