a.
Sketch the graph of the total interest function.
a.
Explanation of Solution
Given:
The given model is
The given home mortgage is
Calculation:
By the use of graphing utility, the graph of the total interest function is given below.
The graph shows that the people pay twice interest charges for the size of the mortgage.
b.
Find the length of the mortgage.
b.
Answer to Problem 59E
The length of the mortgage is
Explanation of Solution
Given:
The given model is
The given home mortgage is
Calculation:
Substitute the value of
By the use of graphing utility, the graph of the total interest function is given below.
From the graph, after
Hence the length of the mortgage is
Chapter 3 Solutions
EBK PRECALCULUS W/LIMITS
- 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