Answer:

Step-by-step explanation:




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:
he should chose compounded annually because he would have and extra 32.12 dollars at the end of the 4 years
Step-by-step explanation:
hope this helps
Answer:
8
Step-by-step explanation: