Suppose that an individual deposits $400 into Bank of America. The required reserve ratio is 10%. What is the loanable amount and what is the total amount of deposits (money) after the loan? Group of answer choices Loanable amount: $300 Total amount of deposits (money): $760 Loanable amount: $400 Total amount of deposits (money): $800 Loanable amount: $360 Total amount of deposits (money): $760 Loanable amount: $260 Total amount of deposits (money): $660

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