Try another version of these questions Suppose that TD holds $1700 million in deposits and maintains a reserve ratio of 26%.
What is the amount of TD's reserves? Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Suppose that Bank of America holds $1600 million in deposits and maintains a reserve ratio of 35%.
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
442
Enter DNE for Does Not Exist, oo for Infinity
1040
Enter DNE for Does Not Exist, oo for Infinity