SUPERBANK has a required reserve ratio of 8%.  The bank holds no excess reserves and required reserves are currently $30 million.  If the bank has an outflow of deposits of $7 million dollars, the bank will have a reserve shortage.  Calculate the dollar amount of the reserves shortage: Do your work on a blank piece of paper.  You will upload this work along with a balance sheet as part of the final question of this exam.

The deregulation of thrifts during the 1980’s is often sighted as cause for the savings and loan crisis of 1989. One such deregulation was the the DIDMCA (Depository Institutions Deregulation and Monetary Control Act).  Explain the major provisions of the DIDMCA (Depository Institutions Deregulation and Monetary Control Act).  Discuss additional deregulations passed during this time period and explain their relationship to the S & L Crisis. 

Second page of work (if needed)   Please write your name at the top of the submission and make sure the problems are clearly labeled. 

On a blank piece of paper, draw a commercial bank balance sheet.    Show the following items on the balance sheet, clearly identifying which are assets and which are liabilities for the bank: Deposits Borrowings from the Fed Required Reserves Loans Securities Excess Reserves Other Borrowings Bank Capital   Upload a hand written balance sheet.  (Write your name on the page). Include this balance sheet on the same piece of paper showing hand written work for previous problems (other than the loan amortization chart you have already submitted.)

SUPERBANK has a required reserve ratio of 8%.  The bank holds no excess reserves and required reserves are currently $30 million.  If the bank has an outflow of deposits of $7 million dollars, the bank will have a reserve shortage.  Calculate the dollar amount of the reserves shortage: Do your work on a blank piece of paper.  You will upload this work along with a balance sheet as part of the final question of this exam.

Complete the following loan amortization by hand.  Please draw a table like the one below on your blank page and fill in each blank. You will take a picture of this chart and upload your completed chart at the end of the exam. Please show your work. Please do not forget to calculate the total finance (interest) charge for this loan.  You should enter the total interest (finance) charge in the blank prompt for this question.   You are considering purchasing a house for $285,000.  Do a three month loan amortization and calculate total finance charge.  Assume a 20 % down payment.    20 year 5.25% loan with one discount point.   Beginning Balance Payment Principal Interest Ending Balance                                       FILL IN THE BLANK FOR.   total finance charge: ___________________   

Complete the following loan amortization by hand.  Please draw a table like the one below on your blank page and fill in each blank. You will take a picture of this chart and upload your completed chart at the end of the exam. Please show your work. Please do not forget to calculate the total finance (interest) charge for this loan.  You should enter the total interest (finance) charge in the blank prompt for this question.   You are considering purchasing a house for $295,000.  Do a three month loan amortization and calculate total finance charge.  Assume a 20 % down payment.   (This loan requires a 20% down payment and you will be required to make monthly payments.)   20 year 6.00% loan with one and a half discount points.   Beginning Balance Payment Principle Interest Ending Balance                                       FILL IN THE BLANK FOR          Total finance charge:_____________________

On a blank piece of paper, draw a commercial bank balance sheet.    Show the following items on the balance sheet, clearly identifying which are assets and which are liabilities for the bank: Deposits Borrowings from the Fed Required Reserves Loans Securities Excess Reserves Other Borrowings Bank Capital   Upload a hand written balance sheet.  (Write your name on the page). Include this balance sheet on the same piece of paper showing hand written work for previous problems (other than the loan amortization chart you have already submitted.)

4) Ionization moves an electron from a lower orbital level to a higher orbital level of the same atom.  

12) Photon interactions with atoms include __________________