Business, 25.11.2021 05:40 memeE15

Bank 1 has deposits of $5,559 and reserves of $2,028. If the required reserve ratio is 20%, then what is the largest loan the bank can make? Enter a whole number with no dollar sign. Round to the nearest whole number.

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Bank 1 has deposits of $5,559 and reserves of $2,028. If the required reserve ratio is 20%, then wha...

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