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What is deposit multiplication?
it means increase in assets of bank by intrest through lending . lower the reserve requirements heigher the multiplication
How much are uncut 1.00 bills worth sheet of 4?
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.
How do you change a 1 dollar bill to 100 dollar bill?
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!
Why don't bank's hold 100 percent reserves?
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.
How many dollar bills would cover a football field?
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)
