9514 1404 393
Answer:
a. 405
b. -2
c. 5
d. 43
Step-by-step explanation:
I don't like doing arithmetic any more than you do, so I let a calculator do it for me. A spreadsheet works well for this, too. The function values are shown in the attachment.
Put the function argument where the variable is and do the arithmetic.
a. h(4) = 5·3^4 = 405
b. d(2) = 7 -9(2 -1) = -2
c. h(0) = 5·3^0 = 5
d. d(-3) = 7 -9(-3 -1) = 43
Answer:
If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
Step-by-step explanation:
Here is what the question is asking. If Dominic buys 2 points (2% of the loan value) he will get a better rate and hence less payment. The question is asking how long will it take him to save the initial investment of 2% of the loan value due to a smaller payment. The monthly payment at 5.45% is $1,146.43, the monthly payment for 5.2% is $1,118.66. This is a difference of $27.77 per month. The 2 points will cost him $3,752.00. The question is asking how long will it take Dominic to re-coup his $3,752.00 if he saves $27.77 per month. Just divide the 2 numbers and you get 135.10 months. If you divide that by 12 you get 11.26 years, which is roughly 11 years, 4 months.
Answer:
The equation of the line is y = (-1/2)x + 5
Step-by-step explanation:
First of all, have to find gradient using the formula above :
(2,4) & (14,-2)
m = (-2-4) / (14-2)
= -6 / 12
= -1/2
Second, using y = mx + b as b is a constant and is a y-intercept. Using any of these 2 coordinates to find the value of b with given gradient :
y = mx + b
Let y=4 & x=2
4 = (-1/2)(2) + b
b = 4 + 1
= 5
Lastly, put the value of gradient and y-intercept into the equation :
y = mx + b
Let m=-1/2 & b=5
y = (-1/2)x + 5
