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The model 16.625 In( ), x> 750 x 750 approximates the length of a home mortgage of $150,000 at 6% in terms of the monthly payment. In the model t x is the monthly payment in dollars. the ength of the mortgage in years and (a) Approximate the lengths of a 150,000 mortgage at 6% when the monthly payment is $897.72 and when the monthly payment is $1,808.52. (Round your answers to the nearest whole number.) $897.72 t $1,808.52 t yr yr tb) Approximate the total amounts paid over the term of the mortage with a monthly payment of $897.72 and with a monthly payment of $1,808.52. Round your answers to two decimal places.) $897.72 $1,806.52 is interest costs over the term of the mortgage for a monthly payment of $897.72 and for a monthly payment of $1,808.527 (Round your answers to two decimal places.) $897.72 $1,808.52 (c) what is the vertical asymptote for the model? Interpret its meaning in the context of the problem " than $ , and the closer to this value the payment is, the S The monthly payment must be to pay off the mortgage. Show transcribed image text
The model 16.625 In( ), x> 750 x 750 approximates the length of a home mortgage of $150,000 at 6% in terms of the monthly payment. In the model t x is the monthly payment in dollars. the ength of the mortgage in years and (a) Approximate the lengths of a 150,000 mortgage at 6% when the monthly payment is $897.72 and when the monthly payment is $1,808.52. (Round your answers to the nearest whole number.) $897.72 t $1,808.52 t yr yr tb) Approximate the total amounts paid over the term of the mortage with a monthly payment of $897.72 and with a monthly payment of $1,808.52. Round your answers to two decimal places.) $897.72 $1,806.52 is interest costs over the term of the mortgage for a monthly payment of $897.72 and for a monthly payment of $1,808.527 (Round your answers to two decimal places.) $897.72 $1,808.52 (c) what is the vertical asymptote for the model? Interpret its meaning in the context of the problem " than $ , and the closer to this value the payment is, the S The monthly payment must be to pay off the mortgage.
Show transcribed image text Keith LeannonLv2
10 Aug 2019