Homework Answers
Answer:-
RSA = 6 M + 7 M + (0.10 × 13 M) + 1.5 M = $15.8 million
RSL = (0.10 × 15 M) + 5.5 M + (0.20 × 8 M) + 15 M + 22 M + 5 M + 12 M = $62.6 million
GAP = $15.8 million − $62.6 million
GAP = −$46.8 million
ΔI = −46.8 million × (−0.0075)
= +$351,000
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Please help me with my homework. Thank you.
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