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statuscvo [17]
3 years ago
6

Janae is purchasing a home for $234,570. If she uses a conventional loan, what is the best estimate for how much will her down p

ayment be? A. $18,765 B. $23,457 C. $35,185 D. $46,914
Mathematics
1 answer:
Kipish [7]3 years ago
4 0

Answer:

<u>The correct answer is D. $  46,914</u>

Step-by-step explanation:

According to the Consumer Financial Protection Bureau, conventional mortgages have a down payment requirement as low as 3 percent, however most typically require a down payment of 5 to 20 percent. Therefore, the best estimate for Jane's down payment is the 20 percent.

Using the values given, we have:

234,570 * 0.2 = 46,914

<u>The correct answer is D. $  46,914</u>

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<u>Given</u>:

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\boxed{\begin{minipage}{5.4 cm}\underline{Chain Rule for Differentiation}\\\\If  $f(g(x))$ then:\\\\$\dfrac{\text{d}y}{\text{d}x}=f'(g(x))\:g'(x)$\\\end{minipage}}

<u />

<u />\boxed{\begin{minipage}{5 cm}\underline{Differentiating $x^n$}\\\\If  $y=x^n$, then $\dfrac{\text{d}y}{\text{d}x}=xn^{n-1}$\\\end{minipage}}

<u />

\begin{aligned} y_1=\dfrac{\text{d}y}{\text{d}x} & =m\left(x+\sqrt{1+x^2}\right)^{m-1} \cdot \left(1+\dfrac{2x}{2\sqrt{1+x^2}} \right)\\\\ & =m\left(x+\sqrt{1+x^2}\right)^{m-1} \cdot \left(1+\dfrac{x}{\sqrt{1+x^2}} \right) \\\\ & =m\left(x+\sqrt{1+x^2}\right)^{m-1} \cdot \left(\dfrac{x+\sqrt{1+x^2}}{\sqrt{1+x^2}} \right)\\\\ & = \dfrac{m}{\sqrt{1+x^2}} \cdot \left(x+\sqrt{1+x^2}\right)^{m-1}  \cdot \left(x+\sqrt{1+x^2}\right)\\\\ & = \dfrac{m}{\sqrt{1+x^2}}\left(x+\sqrt{1+x^2}\right)^m\end{aligned}

<u>Second derivative</u>

<u />

\boxed{\begin{minipage}{5.5 cm}\underline{Product Rule for Differentiation}\\\\If  $y=uv$  then:\\\\$\dfrac{\text{d}y}{\text{d}x}=u\dfrac{\text{d}v}{\text{d}x}+v\dfrac{\text{d}u}{\text{d}x}$\\\end{minipage}}

\textsf{Let }u=\dfrac{m}{\sqrt{1+x^2}}

\implies \dfrac{\text{d}u}{\text{d}x}=-\dfrac{mx}{\left(1+x^2\right)^\frac{3}{2}}

\textsf{Let }v=\left(x+\sqrt{1+x^2}\right)^m

\implies \dfrac{\text{d}v}{\text{d}x}=\dfrac{m}{\sqrt{1+x^2}} \cdot \left(x+\sqrt{1+x^2}\right)^m

\begin{aligned}y_2=\dfrac{\text{d}^2y}{\text{d}x^2}&=\dfrac{m}{\sqrt{1+x^2}}\cdot\dfrac{m}{\sqrt{1+x^2}}\cdot\left(x+\sqrt{1+x^2}\right)^m+\left(x+\sqrt{1+x^2}\right)^m\cdot-\dfrac{mx}{\left(1+x^2\right)^\frac{3}{2}}\\\\&=\dfrac{m^2}{1+x^2}\cdot\left(x+\sqrt{1+x^2}\right)^m+\left(x+\sqrt{1+x^2}\right)^m\cdot-\dfrac{mx}{\left(1+x^2\right)\sqrt{1+x^2}}\\\\ &=\left(x+\sqrt{1+x^2}\right)^m\left(\dfrac{m^2}{1+x^2}-\dfrac{mx}{\left(1+x^2\right)\sqrt{1+x^2}}\right)\\\\\end{aligned}

              = \dfrac{\left(x+\sqrt{1+x^2}\right)^m}{1+x^2}\right)\left(m^2-\dfrac{mx}{\sqrt{1+x^2}}\right)

<u>Proof</u>

  (x^2+1)y_2+xy_1-m^2y

= (x^2+1) \dfrac{\left(x+\sqrt{1+x^2}\right)^m}{1+x^2}\left(m^2-\dfrac{mx}{\sqrt{1+x^2}}\right)+\dfrac{mx}{\sqrt{1+x^2}}\left(x+\sqrt{1+x^2}\right)^m-m^2\left(x+\sqrt{1+x^2\right)^m

= \left(x+\sqrt{1+x^2}\right)^m\left(m^2-\dfrac{mx}{\sqrt{1+x^2}}\right)+\dfrac{mx}{\sqrt{1+x^2}}\left(x+\sqrt{1+x^2}\right)^m-m^2\left(x+\sqrt{1+x^2\right)^m

= \left(x+\sqrt{1+x^2}\right)^m\left[m^2-\dfrac{mx}{\sqrt{1+x^2}}+\dfrac{mx}{\sqrt{1+x^2}}-m^2\right]

= \left(x+\sqrt{1+x^2}\right)^m\left[0]

= 0

8 0
2 years ago
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