Answer:
11
Step-by-step explanation:
10+1=11
Hope that helps ;)
The present value (PV) of a loan for n years at r% compounded t times a year where there is equal P periodic payments is given by:

Given that <span>Beth
is taking out a loan of PV = $50,000 to purchase a new home for n = 25 years at an interest rate of r = 14.25%. Since she is making the payment monthly, t = 12.
Her monthly payment is given by:

Therefore, her monthly payment is about $611.50
</span>
Answer:
The probability that the month starts with the letter J or the letter M is 41.66%.
Step-by-step explanation:
Given that a month of the year is chosen at random, to determine what is the probability that the month starts with the letter J or the letter M, the following calculation must be performed:
January - March - May - June - July = 5 months
(5/12) x 100 = X
0.4166 x 100 = X
41.66 = X
Therefore, the probability that the month starts with the letter J or the letter M is 41.66%.