Find ƒ (20) and write a sentence that explains its meaning

Reference no: EM131124079

Mortgage

A couple seeking to buy a home decides that a monthly payment of $800 fits their budget. Their bank's interest rate is 7.5%. The amount they can borrow, A, is a function of the time t, in years, it will take to repay the debt. If we denote this function by A = ƒ(t), then the following table defines the function.

t	A	t	A
5	40,000	20	103,000
10	69,000	25	113,000
15	89,000	30	120,000

(a) Find ƒ (20) and write a sentence that explains its meaning.

(b) Does ƒ(5 + 5) = ƒ(5) + ƒ(5) ? Explain.

(c) If the couple is looking at a house that requires them to finance $89,000, how long must they make payments? Write this correspondence in the form A = ƒ(t)

Reference no: EM131124079

Questions Cloud

Explain how muscle sense is involved in juggling : Find some old tennis balls or any type of similar object and try juggling two balls with one hand, or three balls with two hands. Explain how muscle sense is involved in juggling

Solve the problem using the graphical solution procedure : Formulate a linear programming model that can be used to determine how the restau- rant should allocate its advertising budget in order to maximize the value of total audience exposure.

Athletic association ethics and compliance program : Read "Case Study 6: National Collegiate Athletic Association Ethics and Compliance Program," located on page 444 of the textbook.

What parts of the nervous system are being tested : After you complete your list, select one diagnostic test and describe it in detail. What parts of the nervous system are being tested? What is the normal result of the test

Find ƒ (20) and write a sentence that explains its meaning : If the couple is looking at a house that requires them to finance $89,000, how long must they make payments? Write this correspondence in the form A = ƒ(t)

Execution-control and closure : In Assignment 2, you have created a project plan / network by way of Work Breakdown Structure (WBS). It is now the time to turn your attention to execution and control. The term "control" refers to monitoring the project allowing for assessing the..

Which is the full complement of apoproteins present on vldls : Which of the following is the full complement of apoproteins present on VLDLs?- ApoB 100; ApoCII; ApoE- Apo A; ApoCII; ApoE- ApoCII; ApoE- ApoB48; ApoCII; ApoE

Explain why your patient should seek immediate treatment : Explain why your patient should seek immediate treatment and/or continue on a prescribed regimen of care. For example, Sleep Apnea can make CV problems worse and COPD can complicate Obesity. Consider the consequences of your patient suspending tr..

Explain how genetics might impact the pathophysiology : Explain how genetics, gender, ethnicity, age, and behavior might impact the pathophysiology of the alterations you identified and the effects of prescribed drugs. Then, describe measures you might take to help reduce any negative side effects.

User Account

All Pages