Try another version of these questions Suppose that Bank of America holds $2500 million in deposits and maintains a reserve ratio of 6%.
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 TD Bank holds $2600 million in deposits and maintains a reserve ratio of 50%.
Given that TD Bank's assets include only reserves and loans, what is the amount of TD Bank's loans? Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Question 1
150
Enter DNE for Does Not Exist, oo for Infinity Question 2
1300
Enter DNE for Does Not Exist, oo for Infinity