What are the bank's excess reserves if Suntrust Banks have demand - ProProfs Discuss
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What are the bank's excess reserves if Suntrust Banks have demand deposits of $10 billion, actual reserves of $2 billion, and the reserve requirement is 18%?
A. $180 million.
B. $200 million.
C. $360 million.
D. $400 million.

Asked Anonymously, Last updated: Dec 18, 2019

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