Try another version of these questions Suppose that Bank of America holds $2100 million in deposits and maintains a reserve ratio of 15%.
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 Wells Fargo holds $2800 million in deposits and maintains a reserve ratio of 10%.
Given that Wells Fargo's assets include only reserves and loans, what is the amount of Wells Fargo's loans? Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Question 1
315
Enter DNE for Does Not Exist, oo for Infinity Question 2
2520
Enter DNE for Does Not Exist, oo for Infinity