This is the last question dealing with sante bank which has, Business Economics

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This is the last question dealing with sante bank which has

This is the last question dealing with Sante Bank, which has the following (partial) list of accounts on its balance sheet:

Cash in the bank = $11,000

US government bonds = $4,000

Deposit in the Fed = $25,000

Equity = $16,000

Savings deposits = $100,000

Checking deposits = $260,000

Calculate Sante Bank's excess reserves.

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Business Economics: This is the last question dealing with sante bank which has

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