I will upvote immediately if this is answered ASAP.

Assets (millions) Liabilities (millions) Floating rate mortgages (currently 40 4% per annum) Demand deposits (currently 1% per annum) 60 30 30 year fixed rate mortgages (currently 60 5% per annum) One year time deposits (currently 3% per annum) Equity 10 Total 100 100 Using a one-year cumulative repricing gap model, what is the approximate expected change in net interest income for a 1 percent fall in interest rates? Regard the floating rate mortgages as rate sensitive assets and demand deposits as rate sensitive liabilities. 0.0 million O 0.2 million -0,4 million -0.2 million 0 -1.1 million