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: yes.
Step-by-step explanation:
Answer:
11
Step-by-step explanation:
55/11=5
Answer:
(-8,-3)
Step-by-step explanation:
This question is similar to the vertex form of a quadratic equation, so you can think of this equation like f(x) = (x-h)+k. Using this equation, you can determine the vertex (h,k) of |x+8|-3, which is (-8,-3).
Answer:
50.
Step-by-step explanation:
12 x 45 = 540. 45 + 5 = 50.