Question

5. DEPOSITS fill in the blanks
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Answer 1

Answer:

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explanation

Deposit multiplier homework

Fill in the blanks (banks 1-20) for the omitted banks in the following table. Assume a 15% reserve requirement against deposits. You should also fill out the last 2 lines (all other banks and total of all banks). Look at table 15.3 in your textbook for a similar example.

Banks

Deposits

Excess Reserves

Req. Reserves

Bank 1

----------

10,000

------------

Bank 2

10,000

8,500

-------------

Bank3

Bank 4

Bank 5

Bank 6

Bank 7

Bank 8

Bank 9

Bank 10

Bank 11

2,315

1,968

347

Bank 12

Bank 13

Answer 2

Answer:

Explanation:

List the amount of money you want to deposit. ...

For example, add $30 (cash) and $450.55 (check).

Enter the subtotal. ...

Enter any amount you want back. ...

Enter the Total. ...

Sign the deposit slip.

Take the slip and the money you want to deposit to a teller at your bank.