Wahoo bank has $800 million in total deposits, $80 million worth of cash in the bank's vault, and $20 million in wahoo bank's account at the federal reserve. if the required reserve ratio is 10%, what amount of excess reserves does wahoo bank have?
b. $20 million.
d. none of the above.
if this answer is true or false, the answer is false.
i say c i hope this
pls give brainliest or else you is on some ops sh
i am pretty sure these are right, i did them to my best knowledge.
if this isnt right, i am so soory but i hope it .
overtime earnings = total overall earnings - total of regular earnings
for example, let's say that you know that your regular earning is $ 50,000 per year. but at that year, you receive $65,000 in total overall earning before taxes and bonus.
this means that the overtime earnings that you earn during that year =
$ 65,000 - $50,000 = $15,000