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If the reserve rate is 8 and a bank receives a deposit of 7000 how much of the 7000 is the bank free to lend?

The U.S. government borrows money by


If the reserve rate is 8 and a bank receives a deposit of $7000 how much of the $7000 is the bank free to lend?

$6440 lol its three years later u prolly dont need this


If the reserve rate is 7 and a bank receives a deposit of 9000 how much of the 9000 is the bank free to lend?

$8370


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


What does a bank get in return for its investment in the Federal Reserve System?

In return for its investment, however, a member bank receives a 6 percent annual dividend and the right to vote in elections of directors of its Reserve Bank.


How much gold is at the federal reserve?

The US Federal Reserve has about 8000 Tonnes of Gold or about 282192000 ounces. At todays prices that is in the neigborhood of 270 billion dollars. {| |}


What do you do with the 50 on ghost story island?

deposite it in the bank


If the reserve rate is 9 and a bank receives a deposit of 8000 how much of the 8000 is the bank free to lend?

If the reserve rate is 9%, the bank must hold 9% of the $8,000 deposit as reserves. This means the bank needs to keep $720 ($8,000 x 0.09) in reserve. Therefore, the amount the bank is free to lend is $7,280 ($8,000 - $720).


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.


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).


List of banks owned by the government?

In the United States, it is not legal for the government to own commercial banks. If a bank is taken over for insolvency, it is the Federal Reserve that receives it. The Federal Reserve is a private agency and not part of the government.


When reserve bank of India established?

reserve bank was established in 1952