10. 1 pt. A bank\'s assets are $200 milion and its liabilities are $50 million,
ID: 2439728 • Letter: 1
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10. 1 pt. A bank's assets are $200 milion and its liabilities are $50 million, which means that t net worth (bank capital) is that its liabilities rise by 2%, the bank's new net worth will then be . If the bank's assets rise by 3% at the same time . 3 pts. The Real GDP (USS) and population data for following countries, for the years 2016 and 2017 are given. Please calculate the Absolute Real Economic Growth and change in Real GDP per capita. 11. US UK China Real GDP (2016) 18,624,475,000 2,650,850,000 Population (2016) 322,179 Real GDP (2017) 19,070,976,000 2,622,430,000 Population (2017) 324,45966,181 1,409,517 65,788 1,403,500 12,289,278,000 Absolute Real Economic Growth Change in Real GDP per-capita Show each calculation.Explanation / Answer
10. A bank's net worth = bank's total assets - total liabilities
When the bank's assets are $200 million and it's liabilities are $50 million, bank's net worth (bank's Capital) = $(200 - 50) million = $ 150 million.
If the bank's assets rises by 3? i.e. total assets = $ [200 * (103/100)] million = $ 206 million, and liabilities rises by 2? i.e. liabilities = $[50*(102/100)] million = $51 million, then the bank's new net worth = $(206 - 51) million = $155 million.
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