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it means increase in assets of bank by intrest through lending . lower the reserve requirements heigher the multiplication
It really depends on the series. For modern Federal Reserve Notes, I'd imagine the value is about $4-5 for the sheet. However, the price would substantially increase for earlier issues.
1. take a 1 dollar bill and add 2 zeros to the 1 (this would be counterfeiting) OR 2. become a magician BUT there is always a trick to magic tricks. you would need both a $1 bill and $100 bill OR.... You could get a job at the Federal Reserve!
The bank uses your deposited money to give out loans. They then use the interest on those loans to pay you a slightly smaller interest rate on your deposition, and skim 1-2% for their own profit. In short, when you put your money into a savings account, you are telling the bank to loan your money to qualified borrowers. If a bank kept a 100% reserve, they would be unable to pay you any interest on your savings, and they would be unable to make any profit. You'd might as well just burying you savings in a hole in the back yard.
190,800. There are 6 dollar bills in one yard, which means that there are 36 in one yard squared. The dimensions of a football field are 53 yd by 100 yd, or 5300 yd. squared. You multiply 5300 by 36 to get 190,800 dollar bills. ------------------------------------ The above answer is wrong. ------------------------------------ Actually, US Federal Reserve Notes are 6.14" long, by 2.61" wide, or 16.0254 In². There are 1296 In² in a Yd². When you divide the number of In² in a Yd², by the number of In² that a Dollar Bill covers (16.0254), you find that it would take almost $81 to cover a Yd² (80.8716163091093). The true dimensions of a Professional Football (NFL) field are 360 Ft X 160 Ft, or 120 Yards X 53.333 Yards (the end zones are considered part of the "Field of Play"). Thus, the square yardage in an NFL field are 6,396 Yd². When we multiply the number of bills to cover a Yd² by the number of Square Yards in the field, we get this equation; 80.8716163091093 X 6396. Answer: $517,254.86 (using $1 bills) (517,254.857913063)