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1 points Sve The T-account below shows the balance sheet of Santander Assets Liabilities Reserves $10 million Deposits 5500 million Loans 5400 million Borrowings from

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1 points Sve The T-account below shows the balance sheet of Santander Assets Liabilities Reserves $10 million Deposits 5500 million Loans 5400 million Borrowings from Securities $200 million other banks $20 million Borrowings from the Fed 550 million Bank capital $40 million To meet the reserve requirement, Santander has decided to borrow from the Fed. How much should Santander borrow in milions of 5) from the Fed so that Santander has exactly enough reserve to meet the reserve requirement? Round your answer to at least 2 decimal places. (Eg. $12,345,678 should be entered as 12.35) 1 points Sve The T-account below shows the balance sheet of Santander Assets Liabilities Reserves $10 million Deposits 5500 million Loans 5400 million Borrowings from Securities $200 million other banks $20 million Borrowings from the Fed 550 million Bank capital $40 million To meet the reserve requirement, Santander has decided to borrow from the Fed. How much should Santander borrow in milions of 5) from the Fed so that Santander has exactly enough reserve to meet the reserve requirement? Round your answer to at least 2 decimal places. (Eg. $12,345,678 should be entered as 12.35)

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