Adam Smith bought a home with a 13% adjustable rate mortgage for 20 years. He paid $11.72 monthly per thousand on his original loan. At the end of 4 years he owes the bank $75,000. Now that interest rates have gone down to 10%, the bank will renew the mortgage at this rate or Adam can pay $75,000. Adam decides to renew and will pay $9.66 monthly per thousand on this loan. You can ignore the small amount of principal that has been paid.

Write the equation of a line that is perpendicular to the given line and that passes through the given point. –3x – 6y = 17; (6, 3) y = x – 9 y = 2x – 9 y = –2x – 9 y = x + 0 3. is the relationship shown by the data linear? if so, model the data with an equation. x y 1 5 5 10 9 15 13 20 the relationship is linear; y – 5 = (x – 1). the relationship is not linear. the relationship is linear; y – 5 = (x – 1). the relationship is linear; y – 1 = (x – 5). write an equation in point-slope form for the line through the given point with the given slope. (–10, –1); m = y + 10 = (x + 1) y – 1 = (x – 10) y – 1 = (x + 10) y + 1 = (x + 10) 5. write an equation for each translation of . 6.5 units up y + 6.5 = | x | y = | 6.5 x | y = | x | + 6.5 y = | x | – 6.5 6. write an equation for each translation of . 5.5 units right y = | x | + 5.5 y = | x – 5.5 | y = | x | – 5.5 y = | x + 5.5 | 7. which equation translates y = | x | by 8 units to the left? y = | x | – 8 y = | x | + 8 y = | x – 8| y = | x + 8|

Acaterer knows he will need 60, 50, 80, 40 and 50 dinner napkins on five successive evenings. he can purchase new napkins initially at 25 cents each, after which he can have dirty napkins laundered by a fast one-day laundry service (i.e., dirty napkins given at the end of the day will be ready for use the following day) at 15 cents each, or by a slow two-day service at 8 cents each or both. the caterer wants to know how many napkins he should purchase initially and how many dirty napkins should be laundered by fast and slow service on each of the days in order to minimize his total costs. formulate the caterer’s problem as a linear program as follows (you must state any assumptions you make): a. define all variables clearly. how many are there? b. write out the constraints that must be satisfied, briefly explaining each. (do not simplify.) write out the objective function to be minimized. (do not simplify.)

Which of the following exponential functions goes through the points (1, 6) and (2, 12)? f(x) = 3(2)x f(x) = 2(3)x f(x) = 3(2)−x f(x) = 2(3)−x