Assets Liabilities 1 Short-term consumer loans (one-year maturity) $150 1 Equity capital (fixed) $120
2 Long-term consumer loans 125 2 Demand deposits (two-year maturity) 40
3 Three-month Treasury bills 130 3 Passbook savings 130
4 Six-month Treasury notes 135 4 Three-month CDs 140
5 Three-year Treasury bond 170 5 Three-month bankers acceptances 120
6 10-year, fixed-rate mortgages 120 6 Six-month commercial paper 160
7 30-year, floating-rate mortgages (rate adjusted every nine months) 140 7 One-year time deposits 120
8 Two-year time deposits 40
$970 $970

Required:
Suppose that interest rates rise by 2 percent on both RSAs and RSLs. The expected annual change in net interest income of the bank is:

$300,000

Explanation:

One year Rate Sensitive Assets (RSA) = Short term consumer loans (one year maturity) + Three month treasury bills + Six month treasury notes + 30 year floating rate mortgages ( rate adjusted every nine months)

= 150 + 130 + 135 + 140

= $555 million

One Year Rate Sensitive liabilities (RSL)  = Three month CDs + Three month bankers acceptances + Six month commercial paper + One year time deposits

= 140 + 120 + 160 + 120

= $540 million

RSA - RSL = 555 - 540 = $15 million

Change in interest income = Difference between RSA and RSL * change in interest rates

= 15,000,000 * 2%

= $300,000

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.

answer; importance to people; or acceptance;