When you purchased your house, you took out a 30-year annual-payment mortgage with an interest rate of 8 % per year. the annual payment on the mortgage is $ 17,196. you have just made a payment and have now decided to pay the mortgage off by repaying the outstanding balance. a. what is the payoff amount if you have lived in the house for 10 years (so there are 20 years left on the mortgage)? b. what is the payoff amount if you have lived in the house for 25 years (so there are 5 years left on the mortgage)? c. what is the payoff amount if you have lived in the house for 10 years (so there are 20 years left on the mortgage) and you decide to pay off the mortgage immediately before the 10 th payment is due?

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively