Try another version of these questions Suppose that Wells Fargo holds $1800 million in deposits and maintains a reserve ratio of 9%.
What is the amount of Wells Fargo's reserves? Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Suppose that Bank of America holds $2200 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 Question 1
162
Enter DNE for Does Not Exist, oo for Infinity Question 2
1430
Enter DNE for Does Not Exist, oo for Infinity