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The Declaratory Act of 1766

To purchase your home 6 years ago, you borrowed $564,000 using a 30-year fixed rate mortgage loan. The interest rate on the loan is 11.00% per year, compounded monthly. You have made all of your monthly payments on time and in full during these past 6 years. How much do you still owe on the loan today? (Enter your answer to the nearest whole dollar. Do not enter a dollar sign or any commas. For example, if your answer is $123,456.789, enter 123457. Do not worry if Canvas adds commas.)

To purchase your home 17 years ago, you borrowed $336,000 using a 30-year fixed rate mortgage loan. The interest rate on the loan is 10.25% per year, compounded monthly. You have made all of your monthly payments on time and in full during these past 17 years. How much do you still owe on the loan today? (Enter your answer to the nearest whole dollar. Do not enter a dollar sign or any commas. For example, if your answer is $123,456.789, enter 123457. Do not worry if Canvas adds commas.)

To purchase your home 13 years ago, you borrowed $600,000 using a 30-year fixed rate mortgage loan. The interest rate on the loan is 6.00% per year, compounded monthly. You have made all of your monthly payments on time and in full during these past 13 years. How much do you still owe on the loan today? (Enter your answer to the nearest whole dollar. Do not enter a dollar sign or any commas. For example, if your answer is $123,456.789, enter 123457. Do not worry if Canvas adds commas.)

What factor is believed to have most dramatically reduced New World indigenous populations after contact with Europeans?

To purchase your home 19 years ago, you borrowed $324,000 using a 30-year fixed rate mortgage loan. The interest rate on the loan is 4.00% per year, compounded monthly. You have made all of your monthly payments on time and in full during these past 19 years. How much do you still owe on the loan today? (Enter your answer to the nearest whole dollar. Do not enter a dollar sign or any commas. For example, if your answer is $123,456.789, enter 123457. Do not worry if Canvas adds commas.)

You have been offered a contract that will pay you $4,500 at the end of year 1, $7,500 at the end of year 2, and $8,500 at the end of year 3. Instead of spending the money, you will invest it in an account that earns 7% per year, compounded annually. What will the account be worth at the end of year 13? (Enter your answer to the nearest whole dollar. Do not enter the dollar symbol or any commas. For example, if your answer is $123,456.789, enter 123457. Do not worry if Canvas adds commas.)

To purchase your home 18 years ago, you borrowed $384,000 using a 30-year fixed rate mortgage loan. The interest rate on the loan is 7.00% per year, compounded monthly. You have made all of your monthly payments on time and in full during these past 18 years. How much do you still owe on the loan today? (Enter your answer to the nearest whole dollar. Do not enter a dollar sign or any commas. For example, if your answer is $123,456.789, enter 123457. Do not worry if Canvas adds commas.)

An investment will pay you $10,000 4 years from today. Annual payments will grow at a rate of 2.5% per year, forever. If the appropriate discount rate is 8.5% per year, what is this investment worth today? (Enter your answer to the nearest whole dollar. Do not enter the dollar symbol or commas. For example, if your answer is $123,456.789, enter 123457. Do not worry if Canvas adds commas.)

You have been offered a contract that will pay you $4,000 at the end of year 1, $5,000 at the end of year 2, and $8,500 at the end of year 3. Instead of spending the money, you will invest it in an account that earns 5.95% per year, compounded annually. What will the account be worth at the end of year 12? (Enter your answer to the nearest whole dollar. Do not enter the dollar symbol or any commas. For example, if your answer is $123,456.789, enter 123457. Do not worry if Canvas adds commas.)