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Homework answers / question archive / suppose that amazon bank has $915 million as daily average total in net transaction accounts over 14 days of computation period on which reserve requirments applies

suppose that amazon bank has $915 million as daily average total in net transaction accounts over 14 days of computation period on which reserve requirments applies

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suppose that amazon bank has $915 million as daily average total in net transaction accounts over 14 days of computation period on which reserve requirments applies. His daily vault cash has been $35 million over the computation period In addition the reserve carry forward from prior period is $2.56 million. using above information what will be the maximum reserve requirement?

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