Bank of the atlantic has liabilities of $4 million with an average maturity of two years paying interest rates of 4.0 percent annually. it has assets of $5 million with an average maturity of 5 years earning interest rates of 6.0 percent annually. what is the bank's net interest income for the current year? a. $300,000. b. $140,000. c. $160,000. d. $280,000. e. $80,000.

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Interest received on assets = $5,000,000 x 6% = 300,000

Interest paid on liabilities     = $4,000,000 x 4% = (160,000)

Net interest income for the current year                 140,000

The correct answer is B

Explanation:

In this case, we need to calculate the interest received on assets and interest paid on liabilities. Then, we will deduct the interest paid on liabilities from interest received from assets.

simpleton is the answer, this is simpleton work

definitely a