The British military campaigns of 1777 saw

Which of the following statements regarding the Navigation Acts of the 1660s and 1670s is FALSE?

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.)

An investment will pay you $5,000 4 years from today. Annual payments will grow at a rate of 2% 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.)

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.)

A sole proprietorship earned taxable income of $140,000 during 2024. The proprietor earned no other income. According to the 2024 tax table for individuals shown below, what was the proprietor’s income tax expense in 2024? Ignore the standard deduction, self-employment taxes, etc. (Enter your answer to the nearest penny. Do not enter the dollar symbol or any commas. For example, if your answer is $1,234.56789, enter 1234.57. Do not worry if Canvas adds commas or truncates trailing zeroes.) From To Rate $  0 $  11,600 10% $  11,600 $  47,150 12% $  47,150 $  100,525 22% $  100,525 $  191,950 24% $  191,950 $  243,725 32% $  243,725 $  609,350 35% $  609,350 $  infinity 37%    

The Dominion of New England

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.)

Assume each one of the following streams of future cash flows begins in one year with the exact same cash flow amount, CF1. Also assume that each has the same discount rate, r, and the same growth rate (if any), g. Which one will have the lowest present value?

A sole proprietorship earned taxable income of $188,000 during 2024. The proprietor earned no other income. According to the 2024 tax table for individuals shown below, what was the proprietor’s income tax expense in 2024? Ignore the standard deduction, self-employment taxes, etc. (Enter your answer to the nearest penny. Do not enter the dollar symbol or any commas. For example, if your answer is $1,234.56789, enter 1234.57. Do not worry if Canvas adds commas or truncates trailing zeroes.) From To Rate $  0 $  11,600 10% $  11,600 $  47,150 12% $  47,150 $  100,525 22% $  100,525 $  191,950 24% $  191,950 $  243,725 32% $  243,725 $  609,350 35% $  609,350 $  infinity 37%