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47 Table 29-7. Bank of Springfield Assets Reserves Loans $19,800 160,200 Liabilities Deposits $180,000 1 pt Refer to Table 29-7. If the Fed requires a

47 Table 29-7. Bank of Springfield Assets Reserves Loans $19,800 160,200 Liabilities Deposits $180,000 1 pt Refer to Table 29-7. If the Fed requires a reserve ratio of 10%, then what quantity of excess reserves does the Bank of Springfield now hold? O $9,600 O $10,800 O $10,200 $1,800image text in transcribed

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