Question $28(1$ point$)$

You purchased a new home in Calgary, AB$,$ Canada and your monthly mortgage

payment is $$1,600.$ Currently you owe $$250,480$ and after your next payment you

will owe $$249,620.$ How much of this next payment will go to pay interest?

Answer in $ and include no decimal places. Do not include the $\text{'}$$$\text{'}$ in your answer.

YourAnswer:

Answer

Question $29(1$ point$)$

On Monday, you purchased $1,300$ shares of Matrix Energy Inc. using a market order.

The stock market quote on Monday was as follows; Bid$=$$$32\mathrm{.}09,$ Ask $=$$$32\mathrm{.}55.$ On

Friday you sold all the shares using a market order. The stock market quote on Friday

was as follows; Bid$=$$$32\mathrm{.}42,$ Ask $=$$$33\mathrm{.}01.$ Ignoring commission charges, what was

your profit or loss $($for losses enter your