Reese Hills
04/15/2023 · High School
A bank has a 10 percent reserve requirement, \( \$ 36,000 \) in loans, and has loaned out all it can, given the reserve requirement. It has \( \$ 32,400 \) in deposits. It has \( \$ 3,600 \) in deposits. It has \( \$ 39,600 \) in deposits. (t) has \( \$ 40,000 \) in deposits.
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The correct amount of deposits is \( \$ 40,000 \).
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