A banks assets are $90 million, and its liabilities are $71 million. Its assets increase by 10

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A bank’s assets are $90 million, and its liabilities are $71 million. Its assets increase by 10 percent, and its liabilities increase by 6 percent. What is the percentage change in the bank’s capital, or net worth?

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:25 AM

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A banks assets are $90 million, and its liabilities are $71 million. Its assets increase by 10

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Economics

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