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2. A BankAe??s Balance Sheet Suppose a group of Investors pooled $500,000 and founded Bank used $50,000 of this to purchase shares in the Cleveland

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2. A BankAe??s Balance Sheet Suppose a group of Investors pooled $500,000 and founded Bank used $50,000 of this to purchase shares in the Cleveland Federal Reserve Bank. With the remaining $450,00, Second Republic Bank in Columbus, OH. Second Republie the bank manager purchased a building, furniture, and equipment for the bank. Use the preceding information to complete the following table showing Second Republic Bank's balance sheet. Second Republic Bank's Balance Sheet Assets bilities and Capital Total Total Now Teresa Garcia opens a new checking account at Second Republic Bank and makes an initial deposit of $150,000 in currency. Fill in the following table to show Second Republic Bank's balance sheet just after Teresa's deposit. Sheet Liabilities and Capital Total Total One reason that Teresa decided to keep her money in the bank rather than finding someone to lend it to is that banks This is an example of how banks can help to solve

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