Assume that the total number of loans issued in 2013 was 600,000. How many loans were issued by all the state non-member banks together?
Question
Assume that the total number of loans issued in 2013 was 600,000. How many loans were issued by all the state non-member banks together?
Solution
To find the number of loans issued by all the state non-member banks together, we need to consider the specific information related to the distribution of loans among different types of banks or financial institutions. However, without additional details or percentages regarding how many loans were issued specifically by state non-member banks in 2013 compared to other banks, it is impossible to calculate the exact number of loans they issued.
If you have data that states the percentage or the number of loans issued specifically by state non-member banks, we could calculate it by the following approach:
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Break Down the Problem
1.1. Identify total loans issued: 600,000 1.2. Determine the proportion of loans issued by state non-member banks.
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Relevant Concepts
2.1. If a percentage is given (let's say ), the formula to find the number of loans issued by state non-member banks is:
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Analysis and Detail
3.1. Substitute the value of into the formula to compute the number of loans.
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Verify and Summarize
4.1. Ensure that the total loans sum to 600,000 and that the calculated number is consistent with the provided percentage.
Final Answer
Once the percentage or exact figure is provided, you can apply the above formula to arrive at the final count of loans issued by state non-member banks.
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