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use this information to answer questions 1 - 4. Consult pages 293 294 from the Required Course Textbook for the necessary mathematical formulas. Assume the

use this information to answer questions 1 - 4. Consult pages 293 294 from the Required Course Textbook for the necessary mathematical formulas. Assume the Wells Fargo Bank branch on the corner of Tharpe Street and High Road currently has $90 million in transaction (checking) account balances. Question 1 This bank holds $ Question 2 This bank holds $ Further assume this bank currently has Total Reserves in the amount of $8 million. The Reserve Ratio is currently 5%. million of Required Reserves. million of Excess Reserves. 1 p 2 p

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