Suppose a bank has $700 million in deposits and $million in required reserves, and it is holding no excess reserves. What is the required reserve ratio Give your answer to two decimals.

what is the question here

step-by-step explanation:

hello i am doing good for you that it's summer in your country or state ; )

btw in my country we just have sun and rain as (because i live in the caribbean lol)

also, thx a lot for the points : )

for this case we have that by definition, the surface area of a cylinder is given by:

where:

r: it is the radius of the cylinder

h: it is the height of the cylinder

we can also rewrite it as:

where:

la: it's the lateral area

ba: area of the base

option a