Try another version of these questions Suppose that Bank of America holds $1300 million in deposits and maintains a reserve ratio of 32%.
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 US Bank holds $1300 million in deposits and maintains a reserve ratio of 30%.
Given that US Bank's assets include only reserves and loans, what is the amount of US Bank's loans? Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
416
Enter DNE for Does Not Exist, oo for Infinity
910
Enter DNE for Does Not Exist, oo for Infinity