Parvis Bank and Trust Co. has calculated its daily average deposits and vault cash holdings for the

Question:

Parvis Bank and Trust Co. has calculated its daily average deposits and vault cash holdings for the most recent two-week computation period as follows:

Net transaction deposits.......... = $ 90,000,000
Nonpersonal time deposits under
18 months to $169,000,000
Eurocurrency liabilities.......... = $ 7,000,000
Daily average balance in vault cash.... = $ 2,000,000.

Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...