Consider the mortgage loan of $150,000 at a nominal 6% yearly interest applied monthly at a rate of 0.5% per month. Monthly payments of $1,000 are being made on this loan. Determine how much is owed on this loan at the end of the first, second, third month and fourth months. Show the work that leads to your answers. Evaluate all expressions. How much is still owed after 5 years of payment

Paula makes stained-glass windows and sells them to boutique stores. if her costs total $12,000 per year plus $4 per window for the frame. how many windows must she produce to earn a profit of at least $48,000 in one year if she sells the windows for $28 each? 1. define a variable for the situation. 2. write an inequality that represents her profit. note: revenue is money coming in. cost is money going out. profit is the difference between the revenue and the cost. in other words: revenue - costs profit 3.using words, describe how many windows she must sell to have a profit of at least $48,000.