ABC Bank starts the day with $100,000 in its reserve account. During the day it orders and receives $20,000 in cash from the Fed, has $25,000 in deposited checks clear through the Fed, and has $45,000 in checks written by its customers clear through the Fed. How much does ABC Bank have in its reserve account at the end of the day?

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The Answer of ABC Bank starts the day with $100,000 in its reserve account. During the day it orders and receives $20,000 in cash from the Fed, has $25,000 in deposited checks clear through the Fed, and has $45,000 in checks written by its customers clear through the Fed. How much does ABC Bank have in its reserve account at the end of the day?

ABC Bank Starts the Day with $100,000 in Its Reserve