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Suppose a group of Investors pooled $150,000 and founded Second Republic Bank in Columbus, OH. Second Republic Bank used $$15,000 of this to purchase shares

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Suppose a group of Investors pooled $150,000 and founded Second Republic Bank in Columbus, OH. Second Republic Bank used $$15,000 of this to purchase shares in the Cleveland Federal Reserve Bank. With the remaining $135,000, the bank manager purchased a building, furniture, and equipment for the hank. Use the preceding information to complete the following table showing Second Republic Bank's balance sheet. Now Alyssa Alvarez opens a new checking account at Second Republic Bank and makes an initial deposit of $45,000 in currency. Fill in the following table to show Second Republic Bank's balance sheet Just after Alyssa's deposit. One way in which banks, as financial intermediaries, create value for depositors such as Alyssa is that they through

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