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hram777 [196]
3 years ago
8

A bank has total interest income of $67 million and total noninterest income of $14 million. This bank has total interest expens

es of $35 million and total noninterest expenses (excluding PLL) of $28 million. Its provision for loan losses is $6 million and its taxes are $5. What is this bank's net interest income?
Business
1 answer:
tresset_1 [31]3 years ago
7 0

Answer:

$32 million

Explanation:

Data provided in the question:

Total interest income = $67 million

Total noninterest income = $14 million

Total interest expenses = $35 million

Total noninterest expenses (excluding PLL) = $28 million

Provision for loan losses = $6 million

Taxes = $5 million

Now,

Bank's net interest income = Total interest income - Total interest expenses

= $67 million - $35 million

= $32 million

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pickupchik [31]

Answer:

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"If I didn't have class tonight, I would save the $4 campus parking fee and spend four hours at work where I earn $10 per hour."
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Answer:

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opportunity cost

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8 0
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