Bank Balance Sheet and New Loans
A bank’s balance sheet includes assets of $500 million in loans and $100 million in reserves, and liabilities of $600 million in deposits. If the required reserve ratio is 15%, what is the maximum additional amount of loans the bank can make?
A
90 million
B
15 million
C
10 million
D
100 million
Question Leaderboard
| Rank | |||||
|---|---|---|---|---|---|
| #1 | 3043133 | 1 | 1 | 0m 40s | 60 |
| #2 | Alex.Sun28 | 1 | 2 | 1m 38s | -8 |
| #3 | marina.nzahran | 0 | 1 | 0m 25s | -35 |
| #4 | hxuna0217 | 0 | 1 | 0m 35s | -45 |
| #5 | valentina.rivas | 1 | 2 | 2m 21s | -51 |
| #6 | hanjoyce242 | 1 | 5 | 6m 25s | -325 |
| #7 | sydneysatit | 1 | 4 | 8m 03s | -413 |
Items per page:
10
1 – 7 of 7