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The average daily net transaction accounts of a local bank during the most recent reserve computation period is $335 million. The amount of everage Osily
The average daily net transaction accounts of a local bank during the most recent reserve computation period is $335 million. The amount of everage Osily reserves at the Fed during the reserve maintenance period is $25.60 million, and the sverage daily vault cash corresponding to the maintenance period is $4.9 million. a. Under the rules effective in 2013. what is the average daily reserve balance required to be held by the bank during the maintenance period? b. is the bank in compliance with the reserve requirements? Complete this question by entering your answers in the tabs below. Required A Required B Under the rules effective in 2013, what is the average daily reserve balance required to be held by the bank during the maintenance period? (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places. (e.g., 32.161)) Average daily reserve required million Required B > The average daily net transaction accounts of a local bank during the most recent reserve computation period is $335 million. The amount of everage daily reserves at the Fed during the reserve maintenance period is $25.60 million, and the average Osily vault cesh corresponding to the maintenance period is $4.9 million. a. Under the rules effective in 2013. what is the average daily reserve bslence required to be held by the bank during the maintenance period? b. Is the bank in compliance with the reserve requirements? Complete this question by entering your answers in the tabs below. Required A Required B is the bank in compliance with the reserve requirements? Is the bank in compliance with the requirements? Required A FILTRE The average daily net transaction accounts of a local bank during the most recent reserve computation period is $335 million. The amount of everage Osily reserves at the Fed during the reserve maintenance period is $25.60 million, and the sverage daily vault cash corresponding to the maintenance period is $4.9 million. a. Under the rules effective in 2013. what is the average daily reserve balance required to be held by the bank during the maintenance period? b. is the bank in compliance with the reserve requirements? Complete this question by entering your answers in the tabs below. Required A Required B Under the rules effective in 2013, what is the average daily reserve balance required to be held by the bank during the maintenance period? (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places. (e.g., 32.161)) Average daily reserve required million Required B > The average daily net transaction accounts of a local bank during the most recent reserve computation period is $335 million. The amount of everage daily reserves at the Fed during the reserve maintenance period is $25.60 million, and the average Osily vault cesh corresponding to the maintenance period is $4.9 million. a. Under the rules effective in 2013. what is the average daily reserve bslence required to be held by the bank during the maintenance period? b. Is the bank in compliance with the reserve requirements? Complete this question by entering your answers in the tabs below. Required A Required B is the bank in compliance with the reserve requirements? Is the bank in compliance with the requirements? Required A FILTRE
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