If you do not have access to a laboratory, then use this dry lab data to complete the activity. Make sure you understand the procedure, so you can interpret the data provided. This dry lab accompanies the "Determining How Temperature Changes with Altitude Lab" on page 107 of your Prentice Hall Earth Science Lab Manual.

In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.