anonymous
  • anonymous
Do anyone know about Business Math?
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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chestercat
  • chestercat
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precal
  • precal
@Luis Rivera Can you help us in Business Math?
anonymous
  • anonymous
okay thanks
precal
  • precal
I sent a couple of messages to some people who usually answer, let's see if they respond back to me.

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anonymous
  • anonymous
Okay thanks precal...
anonymous
  • anonymous
I can probably help
precal
  • precal
@barbie34556 got a respond so far
anonymous
  • anonymous
yes
anonymous
  • anonymous
got a respond from tic-tock.
precal
  • precal
yes, now talk to tick-tock or direct them to your previous postings, good luck :)
anonymous
  • anonymous
K thanks.
anonymous
  • anonymous
At the start required reserved (RR)=legal reserves (LR)=$100($1,000 X0.1) With a deposit of $500, assuing that the bank places entire amount into LR, both demand deposits and LR increase by $500. Thus RR=$150($1,500 X0.1) and LR=$600. Excess reserves (ER) now equal $450($600-$150), which is the amount the bank can lend.

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