Ascent Bank is focussed on lending to small businesses. The bank's balance sheet

is summarised below:

Suppose the current interest rate is $8\mathrm{.}8\%$ and the analyst team of the bank forecasts

that interest rate will increase to $10\mathrm{.}8\%$

What is the expected change in the bank's net worth?

$($Please round your answer to two decimal places. i$.$e$.,$ if the answer is $$8\mathrm{.}145,$ enter

$8\mathrm{.}15$; if the answer is $-$$$8\mathrm{.}145,$ enter $-8\mathrm{.}15).$

Answer: