Question I have attached the file with the tarts of the banks these are the questions. required reserve ratio 25% 1. how much is second national bank able to loan to its customers? 2. Rob, who banks at third national, writes a check in the amount of %100,000 to Darin, a first national customer, who deposits the check into his checking account. indicate which balance sheet entries at each bank change, and show their new values. 3. assuming that all the customers that have outstanding loans have used all those additional funds to invest in new machinery for their businesses, how much more in new loans is the whole system (these three banks) capable of creating? ATTACHMENT PREVIEW
Question
I have attached the file with the tarts of the banks these are the questions.required reserve ratio
25%
1. how much is second national bank able to loan to its customers?
2. Rob, who banks at third national, writes a check in the amount of %100,000 to Darin, a first national customer, who deposits the check into his checking account. indicate which balance sheet entries at each bank change, and show their new values.
3. assuming that all the customers that have outstanding loans have used all those additional funds to invest in new machinery for their businesses, how much more in new loans is the whole system (these three banks) capable of creating? ATTACHMENT PREVIEW
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