BankExec™ Report Review and Evaluation The purpose of this evaluation is to introduce you to the bank you will be managing. You should have a separate set of financial statements that represent the beginning condition of your bank. In the space provided below, answer each question to the best of your ability. If you have questions about the data in these reports, see Appendix A of the Decision Manual. 1. Looking at the bank's balance sheet (Report B01), what is your assessment of its overall situation? Do you observe any trends that appear especially favorable or unfavorable?

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?