Try another version of these questions Suppose that Bank of America holds $2000 million in deposits and maintains a reserve ratio of 21%.
What is the amount of Bank of America's reserves? Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Suppose that Capital One holds $1300 million in deposits and maintains a reserve ratio of 25%.
Given that Capital One's assets include only reserves and loans, what is the amount of Capital One's loans? Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
420
Enter DNE for Does Not Exist, oo for Infinity
975
Enter DNE for Does Not Exist, oo for Infinity