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Table 1 shows the financial position of the Smithville Bank once $3639.00 has been deposited. Assume that the required reserve ratio is 9.00%. The bank

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Table 1 shows the financial position of the Smithville Bank once $3639.00 has been deposited. Assume that the required reserve ratio is 9.00%. The bank manager decides to lend Billy Bob Smith all of the bank's excess reserves. Billy Bob takes the funds to Eula Mac's Used Machines and buys a pickup truck. Eula Mac then deposits the money in her account back at the Smithville Bank. Table 2 should show the bank's accounts after the loan is made and the funds again deposited. Round all answers to the nearest cent. What are the bank's loans in Table 2? What are the bank's reserves in Table 2? Table 1. Original Assets and Liabilities Table 2. Assets and Liabilities After Bank Makes a Loan Smithville Bank. Table 2. Assets and Liabilities After Bank Makes Table 2 should show the bank's accounts after the loan is a Ioan made and the funds again deposited. Round all answers to the nearest cent. What are the bank's loans in Table 2 ? What are the bank's reserves in Table 2? What are the bank's deposits in Table 2

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