Consider the following balance sheet for WatchoverU Savings Incorporated $($$ in millions$)$:

Assets Liabilities

Floating$-$rate mortgages $($currently $14\%$ annually$)$ $ $62$ NOW accounts $($currently $10\%$ annually$)$ $ $82$

$30-$year fixed$-$rate loans $($currently $11\%$ annually$)62$ Time deposits $($currently $10\%$ annually$)27$

Equity $15$

Total $ $124$ $ $124$

a$.$ What is WatchoverU$$s expected net interest income at year$-$end?

b$.$ What will be the net interest income at year$-$end if interest rates rise by $2$ percent?

$($For all requirements, do not round intermediate calculations. Enter your answers in millions rounded to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16))$