Question: Hi, Can u help me answer this question please? QUESTION 8 Let the required reserves ratio be 5%. A bank has $5 million of deposits

Hi, Can u help me answer this question please?

QUESTION 8 Let the required reserves ratio be 5%. A bank has $5 million of deposits and $1 million of reserves. What is the cost of borrowing from the central bank needed to restore reserves to the required level following an outflow of deposits worth $0.9 million if the discount rate is 10%? $15 thousand 190 thousand OF450 thousand O E100 thousand

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