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:
B
Step-by-step explanation:
if you put the rest of your money in a savings account you can use that money for your college fund or maybe buy a car ect.
Answer:
whole number and a fraction
Answer:
9:23 simple
Step-by-step explanation:
#3)answer is choice D.77+W<_95;W<_18
#4)answer is choice A. t<7