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page 7 13. Boring Bank has measured the following items (in Smillions) during the most recent computation periods: Transactions Accounts Balances Due C.I.P.C Vault Cash

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page 7 13. Boring Bank has measured the following items (in Smillions) during the most recent computation periods: Transactions Accounts Balances Due C.I.P.C Vault Cash $9,472.3 360.0 190.0 90.0 a. What are Net Transactions Accounts? (3 points) b. For the next maintenance period what is the Gross Reserve Requirement? (6 points) c. For the next maintenance period what is the Net Reserve Requirement? (2 points) Based on the above calculations, what is the maximum reserve surplus that the bank can carry forward into the next maintenance period? (3 points) d. page 7 13. Boring Bank has measured the following items (in Smillions) during the most recent computation periods: Transactions Accounts Balances Due C.I.P.C Vault Cash $9,472.3 360.0 190.0 90.0 a. What are Net Transactions Accounts? (3 points) b. For the next maintenance period what is the Gross Reserve Requirement? (6 points) c. For the next maintenance period what is the Net Reserve Requirement? (2 points) Based on the above calculations, what is the maximum reserve surplus that the bank can carry forward into the next maintenance period? (3 points) d

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