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PROBLEM 5 First National Bank started his first day of operations with 7 million in capital. A total of 50 million of checkable deposits is

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PROBLEM 5 First National Bank started his first day of operations with 7 million in capital. A total of 50 million of checkable deposits is received. The required reserve ratio is 7%. The bank makes commercial and mortgage loans in the amount of 35 million and purchase securities in the amount of 10 million. a. Show how does the balance sheet looks like by filling the table below b. Now the bank wants to make additional loans in the amount of 6 million, Show how does the balance sheet looks like by filling the table below

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