**Eddie: $72000/(14yr*12mo)=428.6$/mo+428.6$*(4.7%)/100% Eddie pays 428.6$/mo+20.14$/mo. If he pays off his loan 6 years earlier he would save: $20.14*6yr*12mo= $1450.08 **Lee: $92000/(14yr*12mo)=547.62$/mo+547.62$*(4.7%)/100% Lee pays 547.62$/mo+25.74$/mo. If he pays off his loan 6 years earlier he would save: $25.74*6yr*12mo=$1853.28
So its A. <span>Lee would save more, since he has $20,000 more in principal.</span>
Horizontal shift is obtained by addition/subtraction a number to every occurrence of x in the equation. Addition indicates a shift towards left and subtraction indicates a shift towards right.
So the correct answer is Subtract that number From.