Respuesta :
The bank's required reserves are $5,500.
What is bank?
A particular kind of financial organization known as a bank lends money while also collecting deposits from the public and creating demand deposits. Through the capital markets, the bank may engage in lending activities directly or indirectly.
Banks are heavily regulated in most countries because they are essential to the financial stability and economic health of a nation. The fractional reserve banking system, in which banks maintain liquid assets that are only partially comparable to their current liabilities, has been institutionalized in the majority of countries.In addition to other constraints intended to assure liquidity, banks are often subject to minimum capital requirements based on an international set of capital norms known as the Basel Accords.
Calculation:
Since Bank's RR = 20% , it means the loan amount of $4000 = 80% . So, 100% = (4000 /80) × 100 = $5000
Cheakable Deposit = $5000 + $8000 - $300 = $5500
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