What all will the bank have at the end of the year


Problem

A bank starts with ALL of $2.965 million at the beginning of the year, charges off worthless loans of $0.436 million during the year, recovers $0.068 million on loans previously charged off, and charges current income for a $0.336 million provision for loan losses during the year. What ALL will the bank have at the end of the year, to the nearest $ 0.001 million?

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Finance Basics: What all will the bank have at the end of the year
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