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A bank starts with ALL of $2.343 million at the beginning of the year, charges off worthless loans of $0.49 million during the year, recovers
A bank starts with ALL of $2.343 million at the beginning of the year, charges off worthless loans of $0.49 million during the year, recovers $0.035 million on loans previously charged off, and charges current income for a $0.46 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?
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