What is the time and memory limit for solving Leetcode algorithm problems?

I am solving algorithms on Leetcode using Python3, but I cannot find information on the exact time and memory limits for solving problems. Do such limits exist, and if so, what are they?
Right now I am just assuming 10 second time limit at approximately 1GHz, eg 10^10 computation and 100MB, eg 10^8 memory limit for Python3.

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