Examlex
Convert from degrees to radians. Use the value of π found on a calculator and round answers to four decimal places, as needed.
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Deposits
Funds placed into an account at a financial institution for safekeeping, which can include savings accounts, checking accounts, and certificates of deposit.
Excess Reserves
Banking reserves that are held by a bank in excess of what is required by regulations or central bank requirements.
Required Reserves
The minimum amount of reserves a bank is mandated to hold by central banking authorities, often a percentage of the bank's deposit liabilities.
Treasury Bill
A short-term government security issued at a discount from the face value and returning the face amount upon maturity, commonly used as a safe and liquid investment.
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