A loan used for buying a home is called a mortgage. The Fortunato family is buying a $100,000 home. They are taking out a 30-year mortgage at a rate of 8%. A. Compute the monthly payment. B. Find the total of all of the monthly payments for the 30 years. C. What is the finance charge? d. What would be the payment if the loan was a 15-year mortgage? Is it twice as much? To the nearest thousand, what is the savings in finance charges.

The biologist has a second culture to examine. she knows that the population of the culture doubles every 15 minutes. after 1 hour and 15 minutes, her assistant found that 80,000 bacteria were present. a) what was the size of the initial population? b) predict the size of the culture at t=3 hours. what was the size of the population at 40 minutes? explain and justify your answers. c) create a graph of the population as a function of time. find an equation that can be used to predict the size of the population at any time t. d) examine the rate at which the bacteria culture is growing. how fast is the culture growing after 1 hour? after 1.5 hours? after 2 hours? use a time interval of h = 0.01 hours to estimate these rates. interpret these rates in terms of the context of the problem situation. how do these three rates compare?