Take a moment before you start to  scan the room scan your…

Take a moment before you start to  scan the room scan your desk area your camera needs to be set up so it shows both you and your work area hold up your note sheet to the camera (front and back: the back needs to be blank) hold up any blank scratch paper (front and back) to the camera to show there is no writing on it This needs to be done in order to receive full credit on the Midterm. 

You’ve arranged a loan with your bank that requires you to m…

You’ve arranged a loan with your bank that requires you to make monthly payments of $ over a period of years. The loan carries an annual interest rate of %, compounded monthly. Based on these terms, what was the original amount you borrowed from the bank? (Round answer to 2 decimal places, do not round intermediate calculations)