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3 Question (2 points) Seepage543 Consider the balance sheet for the Wahoo Bank presented below. Use it to answer the two questions that follow use

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3 Question (2 points) Seepage543 Consider the balance sheet for the Wahoo Bank presented below. Use it to answer the two questions that follow use a required reserve ratio of 10% and assume that the bank keeps no excess reserves Wahoo Bank Balance Sheet Assets Liabilities and net worth 1,600 Liabilits Required reserves 400 Cheking depoits 14,000 securitie 10 Excess reserves Loans 1,000 3,000 Net wot Total assets $5,000 2nd attempt

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