Question:

HELP NEEDED, What is the bank's reserve ratio? with no decimal point or fraction.?

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Assets Liabilities

Reserves:$100,000 Deposits: $500,000

Loans: $400,000

I don't want the answer and I want to the way that you used to find this ratio.I tried like that 100000/100000:500000/100000=1/5.Is it right but it says in the question no demical point or fraction.What I can do?

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1 ANSWERS


  1. The reserve  ratio is often given as a percentage so you could say 20% or just 20.

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