Concept explainers
a.
To graph: The total interest function using a graphing utility.
a.
Explanation of Solution
Given Information: Function is
Graph:
b.
To approximate: The length of the mortgage when the total interest paid is the same as the amount of the mortgage and then to find if it is possible that a person could pay twice as much in interest charges as the amount of the mortgage.
b.
Answer to Problem 57E
It would take
Explanation of Solution
Given Information: Function is
Calculation:
Observing the graph, it can be said that the length of the mortgage would be about
Thus, it would take
Chapter 3 Solutions
Precalculus with Limits: A Graphing Approach
- Calculus: Early TranscendentalsCalculusISBN:9781285741550Author:James StewartPublisher:Cengage LearningThomas' Calculus (14th Edition)CalculusISBN:9780134438986Author:Joel R. Hass, Christopher E. Heil, Maurice D. WeirPublisher:PEARSONCalculus: Early Transcendentals (3rd Edition)CalculusISBN:9780134763644Author:William L. Briggs, Lyle Cochran, Bernard Gillett, Eric SchulzPublisher:PEARSON
- Calculus: Early TranscendentalsCalculusISBN:9781319050740Author:Jon Rogawski, Colin Adams, Robert FranzosaPublisher:W. H. FreemanCalculus: Early Transcendental FunctionsCalculusISBN:9781337552516Author:Ron Larson, Bruce H. EdwardsPublisher:Cengage Learning