exam Maths Puzzle Numerical Ability

Janin deposits $2400 in a bank with 25% reserve requirement.

1. Find the total amount of extra money created through five levels of the multiplier effect.

2. Find the maximu

Read Solution (Total 0)

exam Other Question

Suppose that x and y vary inversely and x=4 when y=7 Write the function that models the inverse variation

a. y+1.75 b. y= 28/x c. y=11/x d. y=3/x On July 7, a married couple borrowed $2,000 from a finance company so they could take a vacation trip. If the loan was for two months, and the company charged 10% exact interest, f