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Assignment #3 (Question 2) Name Fund Abo 2022-03-20 Question 2 [12 points] Suppose that Person A deposits $180 (cash) at Bark A. Complete the
Assignment #3 (Question 2) Name Fund Abo 2022-03-20 Question 2 [12 points] Suppose that Person A deposits $180 (cash) at Bark A. Complete the following questions Note: Keep as much precision as possible during your calculations. Your final answer should be accurate to at least two decimal places aj Suppose Bank A realizes that, on average. Rs customers only withdraw a portion of their deposits, and so it can end out some money to other customers Sara A now chooses the serve be% 0.15 Bank A lends out the remaining amount of money as toans to Person B Record the effect of this transaction on the balance sheet bew Assets Labs Reserves $15 Deposits 50 Loans $85 b) Person B borrows this money as loans from Bank A and pays to Person C. Suppose Person C deposits the amount with Bank Bank star to t the remaining cash as loans to Person D. Record the effect of this transaction on the balance sheet be Assets Liabates Reserves 10 Deposits 50 Loans $0 aho choses a c) Person D borrows this money as loans bom Bane B and pays to Person E. Suppose Person E depouts this amount with Barn C C choses a serve can of 13 then ca as loans to Person F Record the effect of this transacson on the balance sheet below Assets Reserves $0 Deposits 50 Loans 30
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