FIN 100 WEEK 3 HOMEWORK 1

FIN 100 WEEK 3 HOMEWORK 1

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Chapter 5
1. Assume that GABBY BANK receives two separate primary deposits of \$1.2 million each. The bank must keep reserves of 20 percent against its deposits. Prepare a simple balance sheet of assets and liabilities for GABBY BANK immediately after the deposit is received.Chapter 6
Assume that in 2013 the Australian dollar was trading at \$0.4437, the Mexican peso at \$0.2210, and the United Kingdom (British) pound was worth \$1.6234.By the year 2014 the U.S. dollar value of an Australian dollar was \$0.812, the Mexican peso at \$0.0367, and the British pound was twice 2014 Australian dollar. Calculate the percentage appreciation or depreciation of each of these three currencies between last year and this year.
FIN 100 WEEK 3 HOMEWORK 1
http://wiseamerican.us/product/fin-100-week-3-homework-1/
SUPPORT@WISEAMERICAN.US
Chapter 5
1. Assume that GABBY BANK receives two separate primary deposits of \$1.2 million each. The bank must keep reserves of 20 percent against its deposits. Prepare a simple balance sheet of assets and liabilities for GABBY BANK immediately after the deposit is received.Chapter 6
Assume that in 2013 the Australian dollar was trading at \$0.4437, the Mexican peso at \$0.2210, and the United Kingdom (British) pound was worth \$1.6234.By the year 2014 the U.S. dollar value of an Australian dollar was \$0.812, the Mexican peso at \$0.0367, and the British pound was twice 2014 Australian dollar. Calculate the percentage appreciation or depreciation of each of these three currencies between last year and this year.
FIN 100 WEEK 3 HOMEWORK 1
http://wiseamerican.us/product/fin-100-week-3-homework-1/
SUPPORT@WISEAMERICAN.US
Chapter 5
1. Assume that GABBY BANK receives two separate primary deposits...