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SHOW CALCULATIONS Input Area: Gross loans Allowance for loan losses Original Loan Amount Amount Repaid Market Value of Real Estate Auction Value of Real Estate
SHOW CALCULATIONS
Input Area: Gross loans Allowance for loan losses Original Loan Amount Amount Repaid Market Value of Real Estate Auction Value of Real Estate (part c) $800 $45 $12 $2 $7 $10 $10 $755 $3 $797 CORRECT CORRECT CORRECT CORRECT Outstanding Loan Balance Net Loans before charge-off Amount of charge-off Gross Loans after charge-off ALL after charge-off Net Loans after charge-off Gross Loans after auction ALL after after auction (recovery) Net Loans after auction (recovery) Input Area: Gross loans Allowance for loan losses Original Loan Amount Amount Repaid Market Value of Real Estate Auction Value of Real Estate (part c) $800 $45 $12 $2 $7 $10 $10 $755 $3 $797 CORRECT CORRECT CORRECT CORRECT Outstanding Loan Balance Net Loans before charge-off Amount of charge-off Gross Loans after charge-off ALL after charge-off Net Loans after charge-off Gross Loans after auction ALL after after auction (recovery) Net Loans after auction (recovery)Step by Step Solution
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