a. The number n of monthly payments of P dollars each required to pay off a loan of A dollars in its entirety at interest rate r is given by n = − log 1 − A r 12 P log 1 + r 12 b. college student wants to buy a car and realizes that he can only afford payments of $ 200 per month. If he borrows $ 3000 and pays it off at 6 % interest, how many months will it take him to retire the loan? Round to the nearest month. c. Determine the number of monthly payments of $ 611.09 that would be required to pay off a home loan of $ 128 , 000 at 4 % interest.
a. The number n of monthly payments of P dollars each required to pay off a loan of A dollars in its entirety at interest rate r is given by n = − log 1 − A r 12 P log 1 + r 12 b. college student wants to buy a car and realizes that he can only afford payments of $ 200 per month. If he borrows $ 3000 and pays it off at 6 % interest, how many months will it take him to retire the loan? Round to the nearest month. c. Determine the number of monthly payments of $ 611.09 that would be required to pay off a home loan of $ 128 , 000 at 4 % interest.
Solution Summary: The author uses the expression n=-mathrmlogleft to calculate the time taken by a student to clear his loan.
a. The number
n
of monthly payments of
P
dollars each required to pay off a loan of
A
dollars in its entirety at interest rate
r
is given by
n
=
−
log
1
−
A
r
12
P
log
1
+
r
12
b. college student wants to buy a car and realizes that he can only afford payments of
$
200
per month. If he borrows
$
3000
and pays it off at
6
%
interest, how many months will it take him to retire the loan? Round to the nearest month.
c. Determine the number of monthly payments of
$
611.09
that would be required to pay off a home loan of
$
128
,
000
at
4
%
interest.
Given lim x-4 f (x) = 1,limx-49 (x) = 10, and lim→-4 h (x) = -7 use the limit properties
to find lim→-4
1
[2h (x) — h(x) + 7 f(x)] :
-
h(x)+7f(x)
3
O DNE
17. Suppose we know that the graph below is the graph of a solution to dy/dt = f(t).
(a) How much of the slope field can
you sketch from this information?
[Hint: Note that the differential
equation depends only on t.]
(b) What can you say about the solu-
tion with y(0) = 2? (For example,
can you sketch the graph of this so-
lution?)
y(0) = 1
y
AN
(b) Find the (instantaneous) rate of change of y at x = 5.
In the previous part, we found the average rate of change for several intervals of decreasing size starting at x = 5. The instantaneous rate of
change of fat x = 5 is the limit of the average rate of change over the interval [x, x + h] as h approaches 0. This is given by the derivative in the
following limit.
lim
h→0
-
f(x + h) − f(x)
h
The first step to find this limit is to compute f(x + h). Recall that this means replacing the input variable x with the expression x + h in the rule
defining f.
f(x + h) = (x + h)² - 5(x+ h)
=
2xh+h2_
x² + 2xh + h² 5✔
-
5
)x - 5h
Step 4
-
The second step for finding the derivative of fat x is to find the difference f(x + h) − f(x).
-
f(x + h) f(x) =
= (x²
x² + 2xh + h² -
])-
=
2x
+ h² - 5h
])x-5h) - (x² - 5x)
=
]) (2x + h - 5)
Macbook Pro
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