What all will the bank have at the end of year

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Reference no: EM131965807

A bank starts with ALL of $2.773 million at the beginning of the year, charges off worthless loans of $0.305 million during the year, recovers $0.02 million on loans previously charged off, and charges current income for a $0.412 million provision for loan losses during the year. What ALL will the bank have at the end of the year, to the nearest $ 0.001 million? E.g. if your answer is $2.5755 million, record it as 2.576.

Reference no: EM131965807

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