This question is about commercial banking and finance and you can use the top formula to calculate the answer, but during the process it still needs some other formula to calculate ROA

1) Use the Asset Growth Model to project the bank's capital position at the end of the planning period: CR _ c0 +A0(1 +AGR) x 30.4 x (1 - D) 1 ' Ao(1 + AGR) Q: Capital at start of planning period = $320 Asset at start of planning period = $3,520 Dividend ratio = 40% Asset growth rate = 12% ROE = 15% Forecasted leverage multiplier = 10 What is the capital ratio next period? (NOTE: By default, the unit of the answer is 96. The answer must be input with two 2 decimal places, i.e. if the answer is 12%, please input 12.00)