Question
Mountain Top Savings is projecting a net liquidity deficit of $8 million next week partially as a result of expected quality loan demand of $33
Mountain Top Savings is projecting a net liquidity deficit of $8 million next week partially as a result of expected quality loan demand of $33 million, necessary repayments of previous borrowings of $16 million, disbursements to cover operating expenses of $15 million, planned stockholder dividend payments of $12 million, expected deposit inflows of $29 million, revenues from nondeposit service sales of $14 million, scheduled repayment of previously made customer loans of $24 million, asset sales of $11 million, and money market borrowings of $17 million. How much must Mountain Tops expected deposit withdrawals be for the coming week?
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