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Assets (millions) Cash FED Deposits US Treasures Loans Other Assets Total Assets Bank 5 Balance Sheet Liabilities & Equity (millions) 12 M Demand Deposits 18

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Assets (millions) Cash FED Deposits US Treasures Loans Other Assets Total Assets Bank 5 Balance Sheet Liabilities & Equity (millions) 12 M Demand Deposits 18 MNOW Accounts 35 MCDs 290 M Other Borrowings 58 M Capital 413 M Total Liabilities & Equity 82 M 67 M 119 M 100 M 45 M 413 M Calculate the excess reserves for Bank 5 if the reserve requirement is 10%. O $3,200,000 O $50,100,000 O $15,100,000 $38,200,000

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