What is the total future value three years from now of $80 received in one year, $300 received in two years, and $700 received in three years if the interest rate is 3% per year?

		$1,095.55
		$1,093.87
		$1,099.30
		$1,080.00

The monthly mortgage payment on your house is $1,500. It is a 30-year mortgage with an interest rate of 0.5% per month (6% APR compounded monthly). How much did you borrow (closest answer)?

		$250,187
		$238,247
		$166,792
		$190,598

A regular corporation pays taxes on its profits, and the shareholders of the corporation pay their own personal tax income tax when the remaining profits are distributed to them. This is called

		Financial leverage.
		Double taxation.
		Unlimited liability.
		Liquidity risk.