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Exhibit: Deposit Expansion Stages New New New New Cumulative Checkable Required Excess Loans New Stage Deposits Reserves Reserves Deposits 1 $1,000 SA SB SC 2 SC $1,800 3 $128 $2,440 4 $512 SD $410 $410 SE 5 $82 6 $262 $262 Remaining Stages $1,310 Total SF SG $4,000 SH What is the value of $D in Stage 4 (round up to the nearest whole number)? $82 O $102 O $128 O $160

Exhibit: Deposit Expansion Stages New New New New Cumulative Checkable Required Excess Loans New Stage Deposits Reserves Reserves Deposits 1 $1,000 SA SB SC 2 SC $1,800 3 $128 $2,440 4 $512 SD $410 $410 SE 5 $82 6 $262 $262 Remaining Stages $1,310 Total SF SG $4,000 SH What is the value of $D in Stage 4 (round up to the nearest whole number)? $82 O $102 O $128 O $160

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Exhibit: Deposit Expansion Stages New New New New Cumulative Checkable Required Excess Loans New Stage Deposits Reserves Reserves Deposits 1 $1,000 SA SB SC 2 SC $1,800 3 $128 $2,440 4 $512 SD $410 $410 SE 5 $82 6 $262 $262 Remaining Stages $1,310 Total SF SG $4,000 SH What is the value of $D in Stage 4 (round up to the nearest whole number)? $82 O $102 O $128 O $160
Transcribed Image Text:Exhibit: Deposit Expansion Stages New New New New Cumulative Checkable Required Excess Loans New Stage Deposits Reserves Reserves Deposits 1 $1,000 SA SB SC 2 SC $1,800 3 $128 $2,440 4 $512 SD $410 $410 SE 5 $82 6 $262 $262 Remaining Stages $1,310 Total SF SG $4,000 SH What is the value of $D in Stage 4 (round up to the nearest whole number)? $82 O $102 O $128 O $160
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