Try another version of this question Suppose that TD holds $1900 million in deposits and maintains a reserve ratio of 39%.
What is the amount of TD's reserves? Suppose that Bank of America holds $2800 million in deposits and maintains a reserve ratio of 50%.
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 Box 2: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity