ashut221 ashut221 02-08-2024 Business Answered If a bank has actual reserves of $40,000 and a 20 percent reserve requirement, then the maximum amount of checkable deposits the bank can have if excess reserves are 12,000 is: ○ $8,000. ○ $40,000. ○ $140,000. ○ $28,000 ○ $200,000.