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Suppose that Southeast Mutual Bank currently has $200,000 in demand deposits and $130,000 in outstanding loans. Assume the Federal Reserve has the reserve requirement

Suppose that Southeast Mutual Bank currently has $200,000 in demand deposits and $130,000 in outstanding loans. Assume the Federal Reserve has the reserve requirement set at 10%. Based on this information, complete the following table detailing Southeast Mutual Bank's reserves, required reserves, and excess reserves. Reserves (Dollars) Southeast Mutual Required Reserves (Dollars) Excess Reserves (Dollars)

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