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:
ree
Step-by-step explanation:
Answer:
x = 1/4
Step-by-step explanation:
<u>Calculations:</u>




Answer:
T + V = 50
2T + (3/2) * V = 90
2T + 1.5V = 90
T = 50 * 1.5 - 90 * 1 / 1 * 1.5 - 2*1 = 30
V = 1 * 90 - 2 * 50 / 1 * 1.5 - 2 * 1 = 20
Step-by-step explanation:
T = 30
V = 20