Suppose people deposit $783 into Bank 1. The banking system has a reserve ratio of 15%. The policy of all banks is to make as many loans as possible. Each time a loan is made the entire amount is spent, and it is then deposited into the next bank. When the initial deposit is made into Bank 1, this bank can make a loan of how much? Round to the nearest whole number. Question 2 1 pts Suppose people deposit $796 into Bank 1. The banking system has a reserve ratio of 19%. The policy of all banks is to make as many loans as possible. Each time a loan is made the entire amount is spent, and it is then deposited into the next bank. Bank 1 makes the largest loan possible, and this amount is deposited into Bank 2. What is the largest loan Bank 2 can make? Round to the nearest whole number. Suppose people deposit $769 into Bank 1. The banking system has a reserve ratio of 19%. The policy of all banks is to make as many loans as possible. Each time a loan is made, the entire amount is spent, and it is then deposited into the next bank. Bank 1 makes the largest loan possible, and this amount is deposited into Bank 2. Bank 2 makes the largest loan possible, and this amount is deposited into Bank 3. What is the largest loan Bank 3 can make? Round to the nearest whole number. Question 4 1 pts Suppose people deposit $560 into Bank 1. The banking system has a reserve ratio of 14%. The policy of all banks is to make as many loans as possible. Each time a loan is made, the entire amount is spent, and it is then deposited into the next bank. If banks continue to make as many loans as possible, what is the total value of deposits in the banking system? Round to the nearest whole number