2. Assume Apex Savings Bank received three different deposits, and that the reserve rate was different at the time of each deposit.
(6 points: Part 1 - 2 points; Part II - 2 points; Part III - 2 points)
Part I: The first deposit that Apex Savings Bank received was $15,300. If the
reserve rate at the time was 3.5%, how much of the deposit was Apex Savings
Bank required to keep on reserve? How much was it free to loan out?

the graph on the bottom right

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step-by-step explanation:

hi there!

first we need to find out how much they are adding to each number to make the next number.

ex: 4 + 4 = 8, 8 + 8 = 16, and so on.

so continuing with 32,

32 + 32 = 64

64 + 64 = 128

128 + 128 = 256

256 + 256 = 512

4, 8, 16, 32, 64, 128, 256, 512

the 8th term of the sequence will be 512

hope this ! ~

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step-by-step explanation:

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