What is the translated equation of two less than four times the number of tickets
2 answers:
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Answer:
Part A:
Rent = $7380
Mortgage payments = $9800
Insurance = $145
Taxes, insurance, maintenance = = $2830
Loss of Interest on security deposit = (650*6%) = $39
Interest lost on down payment and closing cost = (4,500*6%) = $270
Growth in equity = $225
Annual appreciation = $1700
Tax savings for mortgage interest = (9,575*28%) = $2,681
Tax savings for property taxes = (1,780*28%) = $498
Total rental cost = dollars
Total buying costs = dollars
Part B:
You should consider rent because the cost of renting is less than the cost of buying.
You have the correct answer. Nice work. If you need to see the steps, then see below
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First we need to find the midpoint of H and I
The x coordinates of the two points are -4 and 2. They add to -4+2 = -2 and then cut that in half to get -1
Do the same for the y coordinates: 2+4 = 6 which cuts in half to get 3
So the midpoint of H and I is (-1,3). The perpendicular bisector will go through this midpoint
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Now we must find the slope of segment HI
H = (-4,2) = (x1,y1)
I = (2,4) = (x2,y2)
m = (y2 - y1)/(x2 - x1)
m = (4 - 2)/(2 - (-4))
m = (4 - 2)/(2 + 4)
m = 2/6
m = 1/3
Flip the fraction to get 1/3 ---> 3/1 = 3
Then flip the sign: +3 ----> -3
So the slope of the perpendicular bisector is -3
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Use m = -3 which is the slope we found
and (x,y) = (-1,3), which is the midpoint found earlier
to get the following
y = mx+b
3 = -3*(-1)+b
3 = 3+b
3-3 = 3+b-3
0 = b
b = 0
So if m = -3 and b = 0, then y = mx+b turns into y = -3x+0 and it simplifies to y = -3x
So that confirms you have the right answer. I've also used GeoGebra to help confirm the answer (see attached)
-------------------------------------------------------------------------------
First we need to find the midpoint of H and I
The x coordinates of the two points are -4 and 2. They add to -4+2 = -2 and then cut that in half to get -1
Do the same for the y coordinates: 2+4 = 6 which cuts in half to get 3
So the midpoint of H and I is (-1,3). The perpendicular bisector will go through this midpoint
---------------------
Now we must find the slope of segment HI
H = (-4,2) = (x1,y1)
I = (2,4) = (x2,y2)
m = (y2 - y1)/(x2 - x1)
m = (4 - 2)/(2 - (-4))
m = (4 - 2)/(2 + 4)
m = 2/6
m = 1/3
Flip the fraction to get 1/3 ---> 3/1 = 3
Then flip the sign: +3 ----> -3
So the slope of the perpendicular bisector is -3
-----------------------
Use m = -3 which is the slope we found
and (x,y) = (-1,3), which is the midpoint found earlier
to get the following
y = mx+b
3 = -3*(-1)+b
3 = 3+b
3-3 = 3+b-3
0 = b
b = 0
So if m = -3 and b = 0, then y = mx+b turns into y = -3x+0 and it simplifies to y = -3x
So that confirms you have the right answer. I've also used GeoGebra to help confirm the answer (see attached)