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
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Answer:
(D) he should have found that there are no solutions because the statement is false
There are 13 total hearts in the deck, which leaves 39 non-hearts. You're drawing a hand of five cards, so the probability of getting exactly 3 hearts is

as required.
Fraction: 180/x = 3/100
cross multiply: 18000 = 3x
divide ea. side by 3: x = $6,000
Amt. of sales = $6,000