Try another version of these questions Suppose that PNC holds $3000 million in deposits and maintains a reserve ratio of 49%.
What is the amount of PNC's reserves? Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Suppose that Bank of America holds $2300 million in deposits and maintains a reserve ratio of 25%.
Given that Bank of America's assets include only reserves and loans, what is the amount of Bank of America's loans? Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
1470
Enter DNE for Does Not Exist, oo for Infinity
1725
Enter DNE for Does Not Exist, oo for Infinity