Try Another Version of These Questions Suppose that Bank of America holds $1400 million in deposits and maintains a reserve ratio of 34%.
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 Capital One holds $1600 million in deposits and maintains a reserve ratio of 20%.
Given that Capital One's assets include only reserves and loans, what is the amount of Capital One's loans? Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Question 1
476
Enter DNE for Does Not Exist, oo for Infinity Question 2
1280
Enter DNE for Does Not Exist, oo for Infinity