- 14 A Bank Has Deposits Of 750 Million It Holds Reserves Of 50 Million And Has Purchased Government Bonds Worth 200 1 (50.57 KiB) Viewed 9 times
14) A Bank has deposits of $750 million. It holds reserves of $50 million and has purchased government bonds worth $200
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14) A Bank has deposits of $750 million. It holds reserves of $50 million and has purchased government bonds worth $200
14) A Bank has deposits of $750 million. It holds reserves of $50 million and has purchased government bonds worth $200 million. The bank's loans, if sold at current market value, would be worth $800 million. What does the bank's net worth equal? A) 270 million C) 390 million B) 320 million D) 350 million 15) When Mike took out his first two-year membership with a pool in 2012, the fee was $600. He renewed his membership three times; in 2014 for $640, in 2016, for $670, and again in 2018, for $735. What is the overall rate of inflation for Mike's pool membership? A) 17.2% B) 22.5% 28,.1% C) 26.4% D.