Advanced Placement (AP)

Hamilton mutual bank holds deposits of $500 million. it holds reserves of $30 million.
it has purchased government bonds worth $75 million. the current value of its loans, if
sold at market value, is $400 million. what is the value of the hamilton mutual bank's
liabilities?
$105 million
$500 million
$475 million
$430 million

answer
Answers: 1

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Hamilton mutual bank holds deposits of $500 million. it holds reserves of $30 million.
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