hi, i need to solutions to the question in this document.

Question 1 Introduction (3 Parts, 24 points total, Estimated time to complete: 12 minutes) Consider the following balance sheet for the First National Bank . Assume the bank holds no assets or liabilities except for those listed: ASSETS LIABILITES & NET WORTH Reserves Checking Deposits $ 500,000 $1,000,000 Bonds $ 100,000 Bank Capital Loans $ 500,000 ? Assume that the reserve requirement (R) is 15%. Question 1 0 / 6 pts 1a. What total dollar amount in loans does the bank have outstanding? Show your work. Question 2 6 / 6 pts 1b. Find E, the percentage of deposits that the bank is holding as \"excess reserves.\" Show your work. Question 3 6 / 12 pts 1c. If $200,000 worth of the bank's loans default, show the bank's balance sheet immediately after the default. Assume nothing has been done to try to offset the default. Question 2 Introduction (3 Parts, 24 points total, Estimated time to complete: 12 minutes) Assume that these are the most recent U.S. data on key monetary variables (T stands for trillions of dollars): Cash held by the public $4T Checking deposits $7T R 8% E 6% Question 4 0 / 6 pts 2a. Calculate the money multiplier. (Round your answer to two decimal places.) Question 5 8 / 8 pts 2b. Now, assume the Fed buys $35 Billion worth of TBonds. Will the money supply increase or decrease? Explain. Question 6 4 / 10 pts 2c. Assuming no change in E (the percentage of deposits that banks want to hold as excess reserves), and no change in cash held by the public, what will be the final U.S.money supply after the Fed's action? Show all of your calculations. Question 7 10 / 10 pts 3. You are considering buying a baseball signed by all of the 1927 New York Yankees. Knowing something about the market for sports memorabilia, you are convinced that in exactly one year's time, you will be able to sell the ball for $2,500. If you don't buy the ball, you'll simply put your money in a savings account for the year at 3% interest. What is the most you should pay for the ball today? Round your answer to the nearest dollar. Show your calculations Question 8 0 / 12 pts 4. If the relevant interest rate is 3%, what is the present discounted value of a winning lottery ticket that will pay $300,000 today, and $300,000 at the end of each of the next three years? Round your answer to the nearest dollar. Show your calculations. Question 5 Introduction (3 parts, 30 points total Estimated time to complete: 15 minutes) Question 9 0 / 10 pts 5a. F = $5,000 c = 3.5% T = 2 i = 5% Question 10 10 / 10 pts 5b. F = $7,500 c = 0% T = 8 i = 4% Question 11 10 / 10 pts 5c. F = $4,000 c = 7% T i = 4.5%