Questions $7$ and $8$: Based on your calculations from questions $3$ and $5,$ now calculate the total change

in value of the bank's $3$ year consumer loans $($Asset$)$ and the change in total value of the bank's $2$ year

CD $($Liability$)$ if yields to maturity $($interest rates$)$ increase by $2\mathrm{.}5\%$ for both these two accounts.

When calculating the modified duration assume all payments are made yearly for both the $3$ year loans

and the $2$ year CD$.$

Question $7$: What is the change in value for the $3$ year consumer loans? $***2\mathrm{.}49$ is correct for question $3.$ I am struggling on how to get to the answer for question $7.$