For each situation, consider why seeking out an individual saver to borrow money from is not ideal. Then, identify whichfunction of banks eliminates the problem.a$.$ As a first$-$year student, ou need to take out $$20,000$ in student loans to pay your tuition and fees. You intend to repay thisloan over time after you graduate.A bank helps solve this problem byO providing payment services.pooling savings from many savers.spreading the risk of lending money across many borrowers.O eliminating information problems.O creating long$-$term loans from short$-$term deposits.b$.$ You are starting a business in a new industry and need $$300$ million for your initial investment. Of course, few individualsavers would be willing or able to make such a loan.