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Friendly Financial has $160 million in consumer loans with an average interest rate of 125 per home equity loans with an average interest rate of

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Friendly Financial has $160 million in consumer loans with an average interest rate of 125 per home equity loans with an average interest rate of 8 percent. Finally, the company owns $20 average rate of 5 percent Managers at Friendly Financial estimate that next year its consumer loan portfolio will rise to $ to 10.5 percent. They also estimate that its home equity loans will fall to $80 million with an av corporate securities portfolio will increase to $25 million with an average rate of 6 percent Required: Estimate Friendly Financial's revenues for the coming year. (Enter your answer in thousands Interest revenue Friendly Financial has $160 million in consumer loans with an average interest rate of 125 per home equity loans with an average interest rate of 8 percent. Finally, the company owns $20 average rate of 5 percent Managers at Friendly Financial estimate that next year its consumer loan portfolio will rise to $ to 10.5 percent. They also estimate that its home equity loans will fall to $80 million with an av corporate securities portfolio will increase to $25 million with an average rate of 6 percent Required: Estimate Friendly Financial's revenues for the coming year. (Enter your answer in thousands Interest revenue

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