If the National Bank of Uptown desires to hold 10 percent reserves and has excess reserves of $20 000,what is the maximum amount of additional loans that the bank can extend?

Name: If the National Bank of Uptown desires to hold 10 percent reserves and has excess reserves of $20 000,what is the maximum amount of additional loans that the bank can extend?
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The bank can extend loans up to the amount of its excess reserves, which is $20,000, since it already holds the required 10 percent reserves.

If the National Bank of Uptown Desires to Hold 10