You purchased a new home in Calgary, AB$,$

Canada and your mortgage rate is $0\mathrm{.}7\%$ per

month $($effective$).$ Your amortization period was

originally $25$ years. You have made $5$ years of

payments of $$2,700$ per month.

How much do you currently owe?

Answer in $ and include two decimal places. Do

not include the $\text{'}$ $ $\text{'}$ in your answer.

E$.$g$.987\mathrm{.}65$ would be entered if the answer was

$$987\mathrm{.}6543.$