Assets Liabilities and Net Worth Reserves $20 Checkable Deposits $100 Loans 25 Stock Shares 50 Securities 15 Property 90 Refer to the accompanying balance sheet for the First National Bank of Bunco. All figures are in millions. If this bank has excess reserves of $6 million, the legal reserve ratio must be Multiple Cholce 10 percent. 12 percent. 14 percent. 20 percent.

Q: Find savings If :- APS = 0.21  Income = $2200

A: Given: APS = 0.21  Income = $2200 To find: Savings

Q: Describe the process of Borrowing with Credit Cards?

A: The credit card has been an important tool to increase the purchasing power. This facility has…

Q: Make flow chart of type of budget?

A: budget is a estimate expense and income for certain period of time

Q: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…

A: We know that the economic profit is the difference between the total sales revenue of output and the…

Q: What techniques or approaches can be used to achievemass customization in practice?

A: Media would be the technique for customization.Through media such as newspaper,television and…

Q: The advantage of a loan is that: its transaction costs are low. it can be tailored to the needs of…

A: Loan: A loan is a sum of money borrowed from a lender with the agreement that it will be repaid,…

Q: Calculate Savings rate when income is $22000 and the APS is 0.48

A: APS is the average propensity to save. It is the ratio of savings and income.

Q: How do you build housing in wealthy neighborhoods?

A: It's generally not feasible because of the value of the land. In wealthy areas, land is expensive…

Q: You opened a savings yesterday by depositing $10,000. You would like to be able to withdraw $2,000…

A: The amount that the lender charges the borrower over and beyond the principal amount is referred to…

Q: Calculate the value of savings if APS is 0.45 and income is $1200

A: In the above question, we are given with the values as:- Average propensity to save = 0.45 Income =…

Q: Give typing answer with explanation and conclusion Michael can afford car payments of $275 a month…

A: The demonstration of borrowing is the demonstration of getting or getting something, strikingly…

Q: What is fractional ownership?

A: Ownership:The term ownership refers to the legal right or exclusive right over the commodity. For…

Q: lla Stein paid $187.50 interest on a loan of $12,000 for 3 months. What was the rate of interest she…

A: Interest amount =$187.5 Loan amount =$12000 Time=3 months

Q: Why some companies avoid making up-front costs or payments?

A: Companies may require front costs / payments or back cost / payments. Some companies generally have…

Q: Identify 3 home related tasks and explain how demanding each one is

A: Home-related tasks are one of the most underrated and fall under unpaid and therefore unacknowledged…

Q: Luis and his best friend Faith want to spend as much time as possible at the local amusement park…

A: The objective of the question is to find out how much Faith will owe Luis after they buy season…

Q: What do you need to provide when you request your free credit report? first and last name only first…

A: For the given question, the particulars that are required for a free credit report need to be…

Q: On November 4, you get a boat loan.  Your first payment is due December 4.  You write out your check…

A: TVM refers to the concept that a sum of money is value more now than the same sum will be at a…

Q: What is the time value of money?

A: Time value of money (TVM) is a concept that emphasizes on the opportunity cost of money, and…

Q: What are the characteristics and features of condominiums? Kindly explain.

A: Condominiums are often big buildings with several apartments. These modules have all been offered to…

Q: You are looking for a car to lease. Your income is $3,000 per month, and you know that you should…

A: Answer: Given, Monthly income = $3,000 20% of income=3000×2010020% of income=600Total money for car…

Q: Give some specific examples of period costs?

A: Period costs are all expenses not included in cost of the commodity.

Q: How you will convert your money into specific crypto?

A: There are a few different ways to convert your money into cryptocurrency. You can use an online…

Q: IMF loan condition and challenges in Bangladesh. Please write this in 1500 word. Also include the…

A: This paper explores the International Monetary Fund (IMF) loan conditions imposed on Bangladesh and…

Q: Differentiate between standard of deferred payments and unit of account

A: Money is any object that is generally accepted as payment for goods and services, for the repayment…

Q: how did you get the 75 ??

A: Here, information about the price of own good, price of related good, income and units of…

Q: how  you know what c value to look a

A: A strategy is said to be dominating when choosing it provides better payoffs independent of the…

Q: why do credit cards charge higher interest than home and car loans? please help me with this…

A: A credit card is a type of payment card that enables the cardholder to borrow money from a bank or…

Q: The disadvantages of using letters of credit for payment

A: A letter of credit is a written promise from a bank or other financial institution that a seller…

Q: How can we determine the number of payment periods?

A: Investment: The act of putting the money on work in order to expand the business or the forgiving of…

Q: what is Gross Savings and how is it calculated?

A: Gross saving consists of savings of household sector, public sector and private corporate sector.…

Q: quantity produced and a and b are positive constants. Give a rough sketch of the funcu

A: The total cost function (TC) can be defined as a function that determines how much total cost a firm…