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2. Your uncle repays a $100 loan from Tenth National Bank by writing a $100 cheque on his TNB chequing account. Use T-accounts to show

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2. Your uncle repays a $100 loan from Tenth National Bank by writing a $100 cheque on his TNB chequing account. Use T-accounts to show the effect of this transaction on your uncle and on TNB. Has your uncle's wealth changed? Explain. 3. Beleaguered Provincial Bank (BPB) holds $250 million in deposits and maintains a reserve ratio of 10 percent. Show a T. PPP

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