Mathematics with Applications In the Management, Natural, and Social Sciences (12th Edition)
12th Edition
ISBN: 9780134767628
Author: Margaret L. Lial, Thomas W. Hungerford, John P. Holcomb, Bernadette Mullins
Publisher: PEARSON
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Chapter 2, Problem 63RE
To determine
To calculate: Thesolution of the given inequality,
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The Martinezes are planning to refinance their home. The outstanding balance on their original loan is $150,000. Their finance company has offered them two options. (Assume there are no additional finance charges. Round your answers to the nearest cent.)
Option A: A fixed-rate mortgage at an interest rate of 4.5%/year compounded monthly, payable over a 30-year period in 360 equal monthly installments.Option B: A fixed-rate mortgage at an interest rate of 4.25%/year compounded monthly, payable over a 12-year period in 144 equal monthly installments.
(a) Find the monthly payment required to amortize each of these loans over the life of the loan.
option A $
option B $
(b) How much interest would the Martinezes save if they chose the 12-year mortgage instead of the 30-year mortgage?
The Martinezes are planning to refinance their home. The outstanding balance on their original loan is $150,000. Their finance company has offered them two options. (Assume there are no additional finance charges. Round your answers to the nearest cent.)
Option A: A fixed-rate mortgage at an interest rate of 4.5%/year compounded monthly, payable over a 30-year period in 360 equal monthly installments.Option B: A fixed-rate mortgage at an interest rate of 4.25%/year compounded monthly, payable over a 12-year period in 144 equal monthly installments.
(a) Find the monthly payment required to amortize each of these loans over the life of the loan.
option A $
option B $
(b) How much interest would the Martinezes save if they chose the 12-year mortgage instead of the 30-year mortgage?
Given: Circle J
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What is the value of y?
A. 38
C.
68
B. 50
D. 92
Chapter 2 Solutions
Mathematics with Applications In the Management, Natural, and Social Sciences (12th Edition)
Ch. 2.1 - Checkpoint 1
Locate and (−5,0) on a coordinate...Ch. 2.1 - Checkpoint 2
Which of the following are solutions...Ch. 2.1 - Checkpoint 3
Graph
Ch. 2.1 - Checkpoint 4
Find the x- and y-intercepts of the...Ch. 2.1 - Checkpoint 5
From Figure 2.7 determine when the...Ch. 2.1 - Checkpoint 6
In Example 6, find the profit from...Ch. 2.1 - Checkpoint 7
Use a graphing calculator to graph ...Ch. 2.1 - Checkpoint 8
Use a graphical root finder to...Ch. 2.1 - State the quadrant in which each point lies.
1.
Ch. 2.1 - State the quadrant in which each point lies.
2.
Ch. 2.1 - Determine whether the given ordered pair is a...Ch. 2.1 - Determine whether the given ordered pair is a...Ch. 2.1 - Determine whether the given ordered pair is a...Ch. 2.1 - Determine whether the given ordered pair is a...Ch. 2.1 - Prob. 7ECh. 2.1 - Prob. 8ECh. 2.1 - Prob. 9ECh. 2.1 - Prob. 10ECh. 2.1 - Prob. 11ECh. 2.1 - Prob. 12ECh. 2.1 - List the x-intercepts and y-intercepts of each...Ch. 2.1 - List the x-intercepts and y-intercepts of each...Ch. 2.1 - List the x-intercepts and y-intercepts of each...Ch. 2.1 - List the x-intercepts and y-intercepts of each...Ch. 2.1 - Find the x-intercepts and y-intercepts of the...Ch. 2.1 - Find the x-intercepts and y-intercepts of the...Ch. 2.1 - Find the x-intercepts and y-intercepts of the...Ch. 2.1 - Find the x-intercepts and y-intercepts of the...Ch. 2.1 - Find the x-intercepts and y-intercepts of the...Ch. 2.1 - Find the x-intercepts and y-intercepts of the...Ch. 2.1 - Find the x-intercepts and y-intercepts of the...Ch. 2.1 - Find the x-intercepts and y-intercepts of the...Ch. 2.1 - Find the x-intercepts and y-intercepts of the...Ch. 2.1 - Find the x-intercepts and y-intercepts of the...Ch. 2.1 - Sketch the graph of the equation. (See Examples...Ch. 2.1 - Prob. 28ECh. 2.1 - Sketch the graph of the equation. (See Examples...Ch. 2.1 - Prob. 30ECh. 2.1 - Sketch the graph of the equation. (See Examples...Ch. 2.1 - Sketch the graph of the equation. (See Examples...Ch. 2.1 - Sketch the graph of the equation. (See Examples...Ch. 2.1 - Sketch the graph of the equation. (See Examples...Ch. 2.1 - Prob. 35ECh. 2.1 - Prob. 36ECh. 2.1 - Sketch the graph of the information in the...Ch. 2.1 - Sketch the graph of the information in the...Ch. 2.1 - Sketch the graph of the information in the...Ch. 2.1 - Sketch the graph of the information in the...Ch. 2.1 - Prob. 41ECh. 2.1 - Prob. 42ECh. 2.1 - Prob. 43ECh. 2.1 - Prob. 44ECh. 2.1 - Business Use the revenue and cost graphs for the...Ch. 2.1 - Prob. 46ECh. 2.1 - Business Use the revenue and cost graphs for the...Ch. 2.1 - Prob. 48ECh. 2.1 - Business The graph below gives the annual...Ch. 2.1 - Business The graph below gives the annual...Ch. 2.1 - Prob. 51ECh. 2.1 - Prob. 52ECh. 2.1 - Netflix and Apple Stock Prices The graph below...Ch. 2.1 - Prob. 54ECh. 2.1 - Prob. 55ECh. 2.1 - Prob. 56ECh. 2.1 - Prob. 57ECh. 2.1 - Prob. 58ECh. 2.1 - Prob. 59ECh. 2.1 - Netflix and Apple stock prices The graph below...Ch. 2.1 - Netflix and Apple stock prices The graph below...Ch. 2.1 - Prob. 62ECh. 2.1 - Use a graphing calculator to find the graph of the...Ch. 2.1 - Use a graphing calculator to find the graph of the...Ch. 2.1 - Use a graphing calculator to find the graph of the...Ch. 2.1 - Use a graphing calculator to find the graph of the...Ch. 2.1 - Prob. 67ECh. 2.1 - Prob. 68ECh. 2.1 - Prob. 69ECh. 2.1 - Prob. 70ECh. 2.1 - Prob. 71ECh. 2.1 - Prob. 72ECh. 2.1 - Use a graphing calculator to approximate all real...Ch. 2.1 - Prob. 74ECh. 2.1 - Prob. 75ECh. 2.1 - Use a graphing calculator to approximate all real...Ch. 2.2 - Checkpoint 1
Find the slope of the line through...Ch. 2.2 - Checkpoint 2
Find an equation for the line...Ch. 2.2 - Prob. 3CPCh. 2.2 - Checkpoint 4
List the slopes of the following...Ch. 2.2 - Checkpoint 5
Graph the given lines and label the...Ch. 2.2 - Prob. 6CPCh. 2.2 - Checkpoint 7
Find both the point–slope and the...Ch. 2.2 - Prob. 8CPCh. 2.2 -
Checkpoint 9
The online viewership in India was...Ch. 2.2 - Find the slope of the given line, if it is...Ch. 2.2 - Find the slope of the given line, if it is...Ch. 2.2 - Prob. 3ECh. 2.2 - Find the slope of the given line, if it is...Ch. 2.2 - Prob. 5ECh. 2.2 - Find the slope of the given line, if it is...Ch. 2.2 - Find the slope of the given line, if it is...Ch. 2.2 - Prob. 8ECh. 2.2 - Find an equation of the line with the given...Ch. 2.2 - Prob. 10ECh. 2.2 - Prob. 11ECh. 2.2 - Prob. 12ECh. 2.2 - Find an equation of the line with the given...Ch. 2.2 - Prob. 14ECh. 2.2 - Prob. 15ECh. 2.2 - Find the slope m and the y-intercept b of the line...Ch. 2.2 - Prob. 17ECh. 2.2 - Prob. 18ECh. 2.2 - Find the slope m and the y-intercept b of the line...Ch. 2.2 - Find the slope m and the y-intercept b of the line...Ch. 2.2 - Prob. 21ECh. 2.2 - Prob. 22ECh. 2.2 - Prob. 23ECh. 2.2 - Prob. 24ECh. 2.2 - 25. For which of the line segments in the figure...Ch. 2.2 - 26. Match each equation with the line that most...Ch. 2.2 - Prob. 27ECh. 2.2 - Prob. 28ECh. 2.2 - Prob. 29ECh. 2.2 - Prob. 30ECh. 2.2 - Sketch the graph of the given equation and label...Ch. 2.2 - Prob. 32ECh. 2.2 - Prob. 33ECh. 2.2 - Determine whether each pair of lines is parallel,...Ch. 2.2 - Prob. 35ECh. 2.2 - Prob. 36ECh. 2.2 - Prob. 37ECh. 2.2 - Determine whether each pair of lines is parallel,...Ch. 2.2 - Prob. 39ECh. 2.2 - Prob. 40ECh. 2.2 - Find an equation of the line with slope m that...Ch. 2.2 - Prob. 42ECh. 2.2 - Prob. 43ECh. 2.2 - Prob. 44ECh. 2.2 - Prob. 45ECh. 2.2 - Prob. 46ECh. 2.2 - Prob. 47ECh. 2.2 - Prob. 48ECh. 2.2 - Find an equation of the line that passes through...Ch. 2.2 - Prob. 50ECh. 2.2 - Find an equation of the line that passes through...Ch. 2.2 - Find an equation of the line that passes through...Ch. 2.2 - Find an equation of the line satisfying the given...Ch. 2.2 - Prob. 54ECh. 2.2 - Find an equation of the line satisfying the given...Ch. 2.2 - Prob. 56ECh. 2.2 - Find an equation of the line satisfying the given...Ch. 2.2 - Prob. 58ECh. 2.2 - Prob. 59ECh. 2.2 - Prob. 60ECh. 2.2 - Find an equation of the line satisfying the given...Ch. 2.2 - Prob. 62ECh. 2.2 - Prob. 63ECh. 2.2 - Prob. 64ECh. 2.2 - Prob. 65ECh. 2.2 -
66. Ral Corp. has an incentive compensation plan...Ch. 2.2 - Prob. 67ECh. 2.2 - Prob. 68ECh. 2.2 -
Light Beer Sales Data from the Wall Street...Ch. 2.2 - Light Beer Sales Data from the Wall Street Journal...Ch. 2.2 - Global Malaria Cases Data from the Wall Street...Ch. 2.2 - Global Malaria Cases Data from the Wall Street...Ch. 2.2 - Prob. 73ECh. 2.2 - Prob. 74ECh. 2.2 - Olympic 5000-Meters The accompanying graph shows...Ch. 2.2 - Olympic 5000-Meters The accompanying graph shows...Ch. 2.2 - Olympic 5000-Meters The accompanying graph shows...Ch. 2.2 - Olympic 5000-Meters The accompanying graph shows...Ch. 2.2 - Olympic 5000-Meters The accompanying graph shows...Ch. 2.2 -
Olympic 5000-Meters The accompanying graph shows...Ch. 2.3 - Checkpoint 1
Use the points (5, 917) and (9, 1038)...Ch. 2.3 - Checkpoint 2
Another model for the data in...Ch. 2.3 - Checkpoint 3 Use the least-squares regression line...Ch. 2.3 - Checkpoint 4
Using only the data from 2005, 2007,...Ch. 2.3 - Checkpoint 5
Use only the data of 2010 and later...Ch. 2.3 - 1. Physical Science The following table shows...Ch. 2.3 - Physical Science Use the linear equation derived...Ch. 2.3 - Physical Science Use the liner equation derived in...Ch. 2.3 - Physical Science Use the linear equation derived...Ch. 2.3 - In each of the next set of problems, assume that...Ch. 2.3 - In each of the next set of problems, assume that...Ch. 2.3 - In each of the next set of problems, assume that...Ch. 2.3 - In each of the next set of problems, assume that...Ch. 2.3 -
In each of the next set of problems, assume that...Ch. 2.3 - Prob. 10ECh. 2.3 - In each of the next two problems, two linear...Ch. 2.3 -
In each of the next two problems, two linear...Ch. 2.3 - In each of the following problems, determine...Ch. 2.3 -
In each of the following problems, determine...Ch. 2.3 -
In Exercises 15-18 find the required linear...Ch. 2.3 - In Exercises 15-18 find the required linear model...Ch. 2.3 - In Exercises 15-18 find the required linear model...Ch. 2.3 - Prob. 18ECh. 2.3 - Street and Highway Construction The total amount...Ch. 2.3 - Cable Subscribers The number of basic cable...Ch. 2.3 - Prob. 21ECh. 2.3 - 22. Life Expectancy The following table shown...Ch. 2.4 - Checkpoint 1
(a) First multiply both sides of −6 <...Ch. 2.4 - Checkpoint 2
Solve these inequalities. Graph each...Ch. 2.4 - Prob. 3CPCh. 2.4 - Prob. 4CPCh. 2.4 - Prob. 5CPCh. 2.4 - Prob. 6CPCh. 2.4 - Prob. 7CPCh. 2.4 - Prob. 8CPCh. 2.4 - Prob. 9CPCh. 2.4 - Prob. 1ECh. 2.4 - 2. The three-part inequality means “p is less...Ch. 2.4 - Solve each inequality and graph each solution....Ch. 2.4 - Solve each inequality and graph each solution....Ch. 2.4 - Prob. 5ECh. 2.4 - Prob. 6ECh. 2.4 - Prob. 7ECh. 2.4 - Prob. 8ECh. 2.4 - Prob. 9ECh. 2.4 - Prob. 10ECh. 2.4 - Prob. 11ECh. 2.4 - Solve each inequality and graph each solution....Ch. 2.4 - Solve each inequality and graph each solution....Ch. 2.4 - Solve each inequality and graph each solution....Ch. 2.4 - Solve each inequality and graph each solution....Ch. 2.4 - Solve each inequality and graph each solution....Ch. 2.4 - Solve each inequality and graph each solution....Ch. 2.4 - Prob. 18ECh. 2.4 - Prob. 19ECh. 2.4 - Prob. 20ECh. 2.4 - Prob. 21ECh. 2.4 - Solve each inequality and graph each solution....Ch. 2.4 - Solve each inequality and graph each solution....Ch. 2.4 - Solve each inequality and graph each solution....Ch. 2.4 - Solve each inequality and graph each solution....Ch. 2.4 - Prob. 26ECh. 2.4 - In the following exercises, write a linear...Ch. 2.4 - In the following exercises, write a linear...Ch. 2.4 - In the following exercises, write a linear...Ch. 2.4 - In the following exercises, write a linear...Ch. 2.4 - Break-Even Point In Exercises 31-36, find all...Ch. 2.4 - Break-Even Point In Exercises 31-36, find all...Ch. 2.4 - Business In Exercises 31–36, find all values of x...Ch. 2.4 - Prob. 34ECh. 2.4 - Business In Exercises 31–36, find all values of x...Ch. 2.4 - Prob. 36ECh. 2.4 - Solve each inequality. Graph each solution. (See...Ch. 2.4 - Prob. 38ECh. 2.4 - Prob. 39ECh. 2.4 - Prob. 40ECh. 2.4 - Prob. 41ECh. 2.4 - Prob. 42ECh. 2.4 - Prob. 43ECh. 2.4 - Prob. 44ECh. 2.4 - Prob. 45ECh. 2.4 - Prob. 46ECh. 2.4 - Prob. 47ECh. 2.4 - Prob. 48ECh. 2.4 - Prob. 49ECh. 2.4 - Prob. 50ECh. 2.4 - Prob. 51ECh. 2.4 - Prob. 52ECh. 2.4 - Prob. 53ECh. 2.4 - Social Science A Gallup poll in January 2017 found...Ch. 2.4 - Prob. 55ECh. 2.4 - Prob. 56ECh. 2.5 - Checkpoint 1
Solve each inequality. Graph the...Ch. 2.5 - Prob. 2CPCh. 2.5 - Prob. 3CPCh. 2.5 - Prob. 4CPCh. 2.5 - Prob. 5CPCh. 2.5 - Prob. 6CPCh. 2.5 - Prob. 7CPCh. 2.5 - Prob. 1ECh. 2.5 - Prob. 2ECh. 2.5 - Solve each of these quadratic inequalities. Graph...Ch. 2.5 - Solve each of these quadratic inequalities. Graph...Ch. 2.5 - Prob. 5ECh. 2.5 - Prob. 6ECh. 2.5 - Prob. 7ECh. 2.5 - Prob. 8ECh. 2.5 - Solve each of these quadratic inequalities. Graph...Ch. 2.5 - Prob. 10ECh. 2.5 - Solve each of these quadratic inequalities. Graph...Ch. 2.5 - Prob. 12ECh. 2.5 - Solve these inequalities. (See Example 4.) 13.
Ch. 2.5 - Solve these inequalities. (See Example 4.) 14.
Ch. 2.5 - Prob. 15ECh. 2.5 - Prob. 16ECh. 2.5 - Solve these inequalities. (See Example 4.)
17.
Ch. 2.5 - Prob. 18ECh. 2.5 - Prob. 19ECh. 2.5 - Prob. 20ECh. 2.5 - 21. A student solved the inequality by taking...Ch. 2.5 - Prob. 22ECh. 2.5 - Use a graphing calculator to solve these...Ch. 2.5 - Use a graphing calculator to solve these...Ch. 2.5 - Prob. 25ECh. 2.5 - Prob. 26ECh. 2.5 - Prob. 27ECh. 2.5 - Prob. 28ECh. 2.5 - Solve these rational inequalities. (See Examples 7...Ch. 2.5 - Prob. 30ECh. 2.5 - Prob. 31ECh. 2.5 - Prob. 32ECh. 2.5 - Prob. 33ECh. 2.5 - Prob. 34ECh. 2.5 - Prob. 35ECh. 2.5 - Solve these rational inequalities. (See Examples 7...Ch. 2.5 - Solve these rational inequalities. (See Examples 7...Ch. 2.5 - Prob. 38ECh. 2.5 - Prob. 39ECh. 2.5 - Prob. 40ECh. 2.5 - 41. Business An analyst has found that her...Ch. 2.5 - Prob. 42ECh. 2.5 - Prob. 43ECh. 2.5 - Prob. 44ECh. 2 - Which of the ordered pairs (−2, 3), (0, −5), (2,...Ch. 2 - Prob. 2RECh. 2 - Sketch the graph of each equation. 3.
Ch. 2 - Prob. 4RECh. 2 - Sketch the graph of each equation. 5.
Ch. 2 - Prob. 6RECh. 2 - Prob. 7RECh. 2 - Prob. 8RECh. 2 - Prob. 9RECh. 2 - Prob. 10RECh. 2 - Prob. 11RECh. 2 - Prob. 12RECh. 2 - In Exercises 12–21, find the slope of the line...Ch. 2 - Prob. 14RECh. 2 - Prob. 15RECh. 2 - Prob. 16RECh. 2 - In Exercises 12–21, find the slope of the line...Ch. 2 - Prob. 18RECh. 2 - In Exercises 12–21, find the slope of the line...Ch. 2 - In Exercises 12–21, find the slope of the line...Ch. 2 - In Exercises 12–21, find the slope of the line...Ch. 2 - Prob. 22RECh. 2 - 23. Graph the line through (−4, 1) with m = 3.
Ch. 2 - 24. What information is needed to determine the...Ch. 2 - Find an equation for each of the following...Ch. 2 - Prob. 26RECh. 2 - Find an equation for each of the following...Ch. 2 - Find an equation for each of the following...Ch. 2 - Prob. 29RECh. 2 - Prob. 30RECh. 2 - Find an equation for each of the following...Ch. 2 - 32. Here is a sample SAT question: Which of the...Ch. 2 - Student Loans In 2010, the total owed on federal...Ch. 2 - Prob. 34RECh. 2 - Median Income The following table gives the median...Ch. 2 - Prob. 36RECh. 2 - Two-Year School Tuition The following table shows...Ch. 2 - 38. Four-Year School Tuition The following table...Ch. 2 - Solve each inequality. 39.
Ch. 2 - Solve each inequality. 40.
Ch. 2 - Solve each inequality. 41.
Ch. 2 - Solve each inequality. 42.
Ch. 2 - Solve each inequality. 43.
Ch. 2 - Solve each inequality. 44.
Ch. 2 - Solve each inequality. 45.
Ch. 2 - Solve each inequality. 46.
Ch. 2 - Solve each inequality. 47.
Ch. 2 - Solve each inequality. 48.
Ch. 2 - Solve each inequality. 49.
Ch. 2 - Solve each inequality. 50.
Ch. 2 - Prob. 51RECh. 2 - Prob. 52RECh. 2 - Prob. 53RECh. 2 - 54. Business One car rental firm charges $125 for...Ch. 2 - Solve each inequality. 55.
Ch. 2 - Solve each inequality. 56.
Ch. 2 - Solve each inequality. 57
Ch. 2 - Solve each inequality. 58.
Ch. 2 - Solve each inequality. 59.
Ch. 2 - Solve each inequality. 60.
Ch. 2 - Solve each inequality.
61.
Ch. 2 - Solve each inequality.
62.
Ch. 2 - Solve each inequality.
63.
Ch. 2 - Solve each inequality.
64.
Ch. 2 - Solve each inequality.
65.
Ch. 2 - Solve each inequality.
66.
Ch. 2 - Business The following table gives the number of...Ch. 2 - Business The following table gives the number of...Ch. 2 - Prob. 5CECh. 2 - Prob. 6CECh. 2 - Prob. 7CECh. 2 - Prob. 8CECh. 2 - Prob. 9CECh. 2 - Prob. 1EPCh. 2 - Prob. 2EPCh. 2 - Prob. 3EPCh. 2 - Prob. 4EPCh. 2 - Prob. 5EP
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