g The Bank of Last Resort has a reserve requirement of .12. If it has demand deposits of $100,000 and is holding $12,000 in reserves, therefore:Group of answer choicesall reserves the bank is holding are required. the bank is holding $2,000 in excess reserves. the bank is not meeting its reserve requirement. all reserves the bank is holding are excess reserves.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

the correct answer is b.)

answer; blank(1); /rises; blank(2); //increases;

answer$22,000 ;