A Bank Has Total Interest Income of $67 Million and Total

question 81

Multiple Choice

A bank has total interest income of $67 million and total noninterest income of $14 million.This bank has total interest expenses of $35 million and total noninterest expenses (excluding PLL) of $28 million.Its provision for loan losses is $6 million and its taxes are $5.What is this bank's net noninterest income?

• A)$7
• B)-$20
• C)$18
• D)$32
• E)None of the options are correct.

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Definitions:

Extinction

In behavioral psychology, the process by which a previously learned behavior decreases in frequency or disappears due to the removal of reinforcement.

Hedonistic Consumption

The pursuit of pleasure and sensory gratification from the consumption of goods and services.

Positive Reinforcement

A technique used in behavior modification that involves rewarding a behavior in order to increase the likelihood of its recurrence.

Unconditioned Response

An Unconditioned Response is an automatic, reflexive reaction to an unconditioned stimulus that occurs without prior learning or conditioning.