Suppose that TD holds $1300 million in deposits and maintains a reserve ratio of 41%.
What is the amount of TD's reserves?
Hint
Suppose that US Bank holds $2200 million in deposits and maintains a reserve ratio of 5%.
Given that US Bank's assets include only reserves and loans, what is the amount of US Bank's loans?
Hint
[more..]
Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity
Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Enter DNE for Does Not Exist, oo for Infinity