What were some of the problems with The First Bank of the United States? (Select all that apply.) The bank could set excise tax, which troubled many people. The money it created was only 20% of the young nation's money supply. The state banks minted the other 80% of the money. The United States owned only 20% of this private institution, and foreign countries had a large ownership.

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.