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Second National Bank (SNB) (million $) Funds borrowed $ 6,500 Maximum amount SNB can still borrow $ 8,500 Cash-type assets $ 3,700 Excess cash reserves

Second National Bank (SNB) (million $)

Funds borrowed

$

6,500

Maximum amount SNB can still borrow

$

8,500

Cash-type assets

$

3,700

Excess cash reserves

$

80

Federal Reserve borrowings

$

20

What is Second National Bank's total net liquidity?

A) $6,520

B) $13,500

C) $14,200

D) $12,280

E) $5,760

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