When you secure a mortgage to buy a home, you may have to pay a loan origination fee. One lending institution changes a loan origination fee of $2,527 plus 2% of the mortgage amount.
?
A: Write a formula for the origination fee F, in dollars, charged by this bank if the mortgage amount is M dollars.
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B: Explain in practical terms the meaning of
.
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C. Calculate the value you found in part B.
What will be an ideal response?
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B. It is the loan origination fee, in dollars, you pay on a mortgage of 309,997 dollars.
?
C. $8,726.94
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Sketch the graph of the quadratic function. Identify the vertex, intercepts, and the equation for the axis of symmetry.f(x) = x2 + 4x - 7
A. vertex:
x-intercepts: (-4, 0) and (3, 0)
y-intercept: (0, -12)
axis of symmetry: x = -
B. vertex: (-2, -11)
x-intercepts: (-2 ± , 0)
y-intercept: (0, -7)
axis of symmetry: x = -2
C. vertex: (-2, 3)
x-intercepts: none
y-intercept: (0, 7)
axis of symmetry: x = -2
D. vertex: (4, 0)
x-intercept: (4, 0)
y-intercept: (0, 7)
axis of symmetry: x = 4
Solve by the quadratic formula. Simplify answers. Use i notation for nonreal complex numbers.8x2 = -15x
A. x = ±
B. x = - , x = 0
C. x = 0
D. x = , x = 0
Express the inverse of the given statement symbolically.Divide x by 80.
A.
B. x - 80
C. 80x
D.
Solve the problem.A rug is to fit in a room so that a border of consistent width is left on all four sides. If the room is by
and the area of the rug is 30 square feet, how wide will the border be?
A. 6.5 ft B. 5 ft C. 4 ft D. 6 ft