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Subprime Mortgages The amount of money (in billions of dollars) lent to customers with credit scores below 620 for subprime mortgages can be approximated by the function
where
Find the value of subprime mortgage lending in 2017 for the described customer base.
If the trend continues, what is the first full year where subprime lending falls below $10 billion?
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Chapter 4 Solutions
Mathematics with Applications In the Management, Natural, and Social Sciences (12th Edition)
- Find f(x) and g(x) such that h(x) = (fog)(x) and g(x) = 3 - 5x. h(x) = (3 –5x)3 – 7(3 −5x)2 + 3(3 −5x) – 1 - - - f(x) = ☐arrow_forwardx-4 Let f(x)=5x-1, h(x) = Find (fo h)(0). 3 (fo h)(0) = (Type an integer or a fraction.)arrow_forwardFill in the blanks to write the calculus problem that would result in the following integral (do not evaluate the interval). Draw a graph representing the problem. π/2 So/² 2xcosx dx Find the volume of the solid obtained when the region under the curve 38,189 on the interval is rotated about the axis.arrow_forward
- Let f(x) = -5x-1, g(x) = x² + 5, h(x) = · x+4 3 Find (hog of)(1). (hogof)(1)= (Simplify your answer. Type an integer or a decimal.)arrow_forwardFor the given function, find (a) the equation of the secant line through the points where x has the given values and (b) the equation of the tangent line when x has the first value. y= f(x) = x²+x; x=-1,x=2 a. Which of the following formulas can be used to find the slope of the secant line? ○ A. 2-(-1) f(2) f(-1) 2+(-1) C. 1(2)+(-1) The equation of the secant line is 1(2)+(-1) О в. 2+(-1) f(2)-(-1) D. 2-(-1)arrow_forwardplease do not use chat gptarrow_forward
- (x^2+y^2)dx+(x^2-xy)dy=0 , Determine if the equation is homogeneous.arrow_forward42. Consider the following joint probability table. B₁ B2 B3 B4 A 0.09 0.22 0.15 0.20 A 0.03 0.10 0.09 0.12arrow_forwardEXERCISES 4.3 Mechanics 41. Consider the following contingency table. B B A 26 34 Ac 14 26 a. Convert the contingency table into a joint probability table. b. What is the probability that A occurs? ن فة What is the probability that A and B occur? d. Given that B has occurred, what is the probability that A occurs? e. Given that A has occurred, what is the probability that B occurs? f. Are A and B mutually exclusive events? Explain. g. Are A and B independent events? Explain. 42. Consider the following joint probability table. B₁ B2 B3 BA A 0.09 0.22 0.15 0.20 Ac 0.03 0.10 0.09 0.12arrow_forward
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