A bank has (in millions): $200 reserves,$800 loans,$400 securities,$1200 deposits,and $100 debt.How much is the bank's capital?

Question

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The bank's capital is calculated as total assets minus total liabilities. Assets are reserves ($200 million), loans ($800 million), and securities ($400 million), totaling $1400 million. Liabilities are deposits ($1200 million) and debt ($100 million), totaling $1300 million. Capital is $1400 million - $1300 million = $100 million.

A Bank Has (In Millions): $200 Reserves,$800 Loans,$400 Securities,$1200 Deposits,and