1. If interest rates increase 72 points for an FI that has a repricing gap of -$19 million, the expected change in net interest income is (enter the value as a whole number with no decimal places. Precede negative values with a minus sign.

2. Suppose a company has proposed a new 5-year project. The project has an initial outlay of $129,000 and has expected cash flows of $31,000 in year 1, $43,000 in year 2, $57,000 in year 3, $66,000 in year 4, and $73,000 in year 5. The required rate of return is 12% for projects at this company. What is the profitability index for this project? (Answer to the nearest hundredth, e.g. 1.23)

3. How much money do you need to place into a bank account that pays a 2.05% rate in order to have $600 at the end of 9 years? Round to two decimal places.