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Drake Savings Bank has deposits of $850 million. It holds reserves of $30 million and has purchased government bonds worth $150 million. The banks loans,

Drake Savings Bank has deposits of $850 million. It holds reserves of $30 million and has purchased government bonds worth $150 million. The banks loans, if sold at current market value, would be worth $570 million. What is the total value of Drake Savings Bank's assets?

$1 billion

$750 million

$720 million

$280 million

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