I need help with this homework assignment. Please use the information provided to answer my question. Thank you.

Assignment #9

The following balance sheet is for "Big Bucks Bank." The reserve ratio is 20%.

Assets Liabilities and Net Worth__________

Reserves: $22,000 Checkable Deposits: $100,000

Securities: $38,000

Loans: $60,000 Net Worth: $20,000

1. What is the maximum amount of new loans that Big Bucks Bank can make?
2. By how much will the money supply change if Big Bucks makes those loans?
3. How will Big Bucks balance sheet look after checks drawn for the entire amount of the new loans have cleared Big Bucks Bank:

Assets Liabilities and Net Worth__________

Reserves: $___________Checkable Deposits:_____________

Securities: $___________

Loans: $______________

1. Answer Questions a, b, and c again, on the assumption that the reserve ratio is 15%.

Assets Liabilities and Net Worth__________

Reserves: $___________Checkable Deposits:_____________

Securities: $___________

Loans: $______________