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CalculusFinite Mathematics and Applied Calculus (MindTap Course List)Subprime Mortgages during the Housing Crisis (Com- pare Exercise 29 in Section 10.4.) The percentage of mort- gages issued in the United States during the period 2000–2009 that were subprime (normally classified as risky) can be approximated by A ( t ) = 15 1 + 8.6 ( 1.8 ) − t ( 0 ≤ t ≤ 9 ) , where t is the number of years since the start of 2000. a. Estimate A ( 6 ) and A ' ( 6 ) . (Round answers to two significant digits.) What do the answers tell you about subprime mortgages? b. Graph the extrapolated function and its derivative for 0 ≤ t ≤ 16 , and use your graphs to describe how the derivative behaves as t becomes large. (Express this behavior in terms of limits if you have studied the sections on limits.) What does this tell you about sub- prime mortgages? [ HINT: See Example 5.]BuyFind*arrow_forward*

7th Edition

Stefan Waner + 1 other

Publisher: Cengage Learning

ISBN: 9781337274203

Chapter 10.5, Problem 97E

Textbook Problem

**Subprime Mortgages during the Housing Crisis** (Com- pare Exercise 29 in Section 10.4.) The percentage of mort- gages issued in the United States during the period 2000–2009 that were subprime (normally classified as risky) can be approximated by

*t* is the number of years since the start of 2000.

**a.** Estimate

**b.** Graph the extrapolated function and its derivative for
**HINT:** See Example 5.]

Finite Mathematics and Applied Calculus (MindTap Course List)

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Ch. 10.1 - In Exercises 14, use the given table of values to...Ch. 10.1 - In Exercises 14, use the given table of values to...Ch. 10.1 - In Exercises 14, use the given table of values to...Ch. 10.1 - In Exercises 14, use the given table of values to...Ch. 10.1 - In Exercises 534, estimate the given limit...Ch. 10.1 - In Exercises 534, estimate the given limit...Ch. 10.1 - In Exercises 534, estimate the given limit...Ch. 10.1 - In Exercises 534, estimate the given limit...Ch. 10.1 - In Exercises 534, estimate the given limit...Ch. 10.1 - In Exercises 534, estimate the given limit...

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SAT Scores by Income The following bar graph shows...Ch. 10.3 - Social Website Popularity The following models...Ch. 10.3 - Social Website Popularity The following models...Ch. 10.3 - Acquisition of Language The percentage p(t)...Ch. 10.3 - Acquisition of Language The percentage q(t)...Ch. 10.3 - Describe the algebraic method of evaluating limits...Ch. 10.3 - What is a closed-form function? What can we say...Ch. 10.3 - Your friends Rita and Richard are arguing. Rita...Ch. 10.3 - Your other friends, Andrew and Dorothy, are also...Ch. 10.3 - Why was the following marked wrong? What is the...Ch. 10.3 - Why was the following marked wrong? What is the...Ch. 10.3 - Your friend Karin tells you that f(x)=1/(x2)2...Ch. 10.3 - Give an example of a function f specified by means...Ch. 10.3 - Give examples of two limits that lead to two...Ch. 10.3 - Give examples of two limits: one that leads to a...Ch. 10.3 - (Compare Exercise 73 in Section 10.1.) Which...Ch. 10.3 - (Compare Exercise 74 in Section 10.1.) Which in...Ch. 10.3 - What is wrong with the following statement? If...Ch. 10.3 - What is wrong with the following statement? 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In Exercises 6972 the graph of the derivative of a...Ch. 10.5 - In Exercises 6972 the graph of the derivative of a...Ch. 10.5 - In Exercises 73 and 74, use technology to graph...Ch. 10.5 - In Exercises 73 and 74, use technology to graph...Ch. 10.5 - In Exercises 75 and 76, use the method of Example...Ch. 10.5 - In Exercises 75 and 76, use the method of Example...Ch. 10.5 - Temperatures on Mars The air temperature one...Ch. 10.5 - Temperatures on Venus The air temperature one...Ch. 10.5 - Demand Suppose the demand for a new brand of...Ch. 10.5 - Demand Suppose the demand for an old brand of TV...Ch. 10.5 - Oil Imports from Mexico The following graph shows...Ch. 10.5 - Oil Production in Mexico The following graph shows...Ch. 10.5 - Prison Population The following curve is a model...Ch. 10.5 - Demand for Freon 12 The demand for...Ch. 10.5 - Velocity If a stone is dropped from a height of...Ch. 10.5 - Velocity If a stone is thrown down at 120 ft/s...Ch. 10.5 - Crude Oil Prices The price per barrel of crude oil...Ch. 10.5 - Median Home Prices The median home price in the...Ch. 10.5 - The 2003 SARS Outbreak In the early stages of the...Ch. 10.5 - The 2003 SARS Outbreak A few weeks into the SARS...Ch. 10.5 - The 2014 Ebola Outbreak In the first 6 months of...Ch. 10.5 - The 2014 Ebola Outbreak In the first 6 months of...Ch. 10.5 - Early Internet Services On January 1, 1996,...Ch. 10.5 - Early Internet Services On January 1, 1996,...Ch. 10.5 - Learning to Speak Let p(t) represent the...Ch. 10.5 - Learning to Read Let p(t) represent the percentage...Ch. 10.5 - Subprime Mortgages during the Housing Crisis (Com-...Ch. 10.5 - Subprime Mortgages during the Housing Crisis (Com-...Ch. 10.5 - Embryo Development The oxygen consumption of a...Ch. 10.5 - Embryo Development The oxygen consumption of a...Ch. 10.5 - The next two exercises are applications of...Ch. 10.5 - The next two exercises are applications of...Ch. 10.5 - In which, if any, of the following cases is f...Ch. 10.5 - In which, if any, of the following cases is f...Ch. 10.5 - Explain why we cannot put h=0 in the approximation...Ch. 10.5 - The balanced difference quotient...Ch. 10.5 - Let H(t) represent the number of Handbook members...Ch. 10.5 - Let F(t) represent the net earnings of Footbook,...Ch. 10.5 - It is now 8 months since the Garden City lacrosse...Ch. 10.5 - Having been soundly defeated in the national...Ch. 10.5 - Company As profits are given by P(0)=1 millionand...Ch. 10.5 - Company Cs profits are given by P(0)=1 millionand...Ch. 10.5 - During the 1-month period starting last January 1,...Ch. 10.5 - During the 1-month period starting last January 1,...Ch. 10.5 - If the derivative of f is zero at a point, what do...Ch. 10.5 - Sketch the graph of a function whose derivative...Ch. 10.5 - Sketch the graph of a function whose derivative...Ch. 10.5 - Sketch the graph of a function whose derivative is...Ch. 10.5 - Use the difference quotient to explain the fact...Ch. 10.5 - Give a numerical explanation of the fact that if f...Ch. 10.5 - Consider the following values of the function f...Ch. 10.5 - Consider the following values of the function g...Ch. 10.5 - Sketch the graph of a function whose derivative is...Ch. 10.5 - Sketch the graph of a function whose derivative is...Ch. 10.5 - Here is the graph of the derivative f ofa function...Ch. 10.5 - Here is the graph of the derivative f ofa function...Ch. 10.5 - Professor Talker of the physics department drove a...Ch. 10.5 - Professor Silent, another physics professor, drove...Ch. 10.5 - Draw the graph of a function f with the property...Ch. 10.5 - Draw the graph of a function f with the property...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 1-14, compute f(a) algebraically for...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 15-28, compute the derivative...Ch. 10.6 - In Exercises 29-38, compute the indicated...Ch. 10.6 - In Exercises 29-38, compute the indicated...Ch. 10.6 - In Exercises 29-38, compute the indicated...Ch. 10.6 - In Exercises 29-38, compute the indicated...Ch. 10.6 - In Exercises 29-38, compute the indicated...Ch. 10.6 - In Exercises 29-38, compute the indicated...Ch. 10.6 - In Exercises 29-38, compute the indicated...Ch. 10.6 - In Exercises 29-38, compute the indicated...Ch. 10.6 - In Exercises 29-38, compute the indicated...Ch. 10.6 - In Exercises 29-38, compute the indicated...Ch. 10.6 - In Exercises39-44, find the equation of the...Ch. 10.6 - In Exercises39-44, find the equation of the...Ch. 10.6 - In Exercises39-44, find the equation of the...Ch. 10.6 - In Exercises39-44, find the equation of the...Ch. 10.6 - In Exercises39-44, find the equation of the...Ch. 10.6 - In Exercises39-44, find the equation of the...Ch. 10.6 - Velocity If a stone is dropped from a height of...Ch. 10.6 - Velocity If a stone is dropped from a height of...Ch. 10.6 - Oil Imports from Mexico Daily crude oil imports to...Ch. 10.6 - Oil Imports from Mexico Daily crude oil production...Ch. 10.6 - Bottled Water Sales The following chart shows the...Ch. 10.6 - Bottled Water Sales The following chart shows...Ch. 10.6 - Ecology Increasing numbers of manatees have been...Ch. 10.6 - SAT Scores by Income The following graph shown...Ch. 10.6 - Television Advertising The cost, in thousands of...Ch. 10.6 - Television Advertising (Compare Exercises 53.) The...Ch. 10.6 - Of the three methods (numerical, graphical, and...Ch. 10.6 - Explain why we cannot put h=0 in the formula...Ch. 10.6 - You just got your derivatives test back, and you...Ch. 10.6 - Your friend just got his derivatives test back and...Ch. 10.6 - Your other friend just got her derivatives test...Ch. 10.6 - Your third friend just got her derivatives test...Ch. 10.6 - Your friend Muffy claims that, because the...Ch. 10.6 - Use the balanced difference quotient formula,...Ch. 10.6 - A certain function f has the property that f(a)...Ch. 10.6 - One cannot put h=0 in the formula...Ch. 10 - In Exercise 1-4, numerically estimate whether the...Ch. 10 - In Exercise 1-4, numerically estimate whether the...Ch. 10 - In Exercise 1-4, numerically estimate whether the...Ch. 10 - In Exercise 1-4, numerically estimate whether the...Ch. 10 - In Exercises 5 and 6 the graph of a function f is...Ch. 10 - In Exercises 5 and 6 the graph of a function f is...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 730, calculate the limit...Ch. 10 - In Exercises 31-34, find the average rate of...Ch. 10 - In Exercises 31-34, find the average rate of...Ch. 10 - In Exercises 31-34, find the average rate of...Ch. 10 - In Exercises 31-34, find the average rate of...Ch. 10 - In Exercise 35-38 you given the graph of a...Ch. 10 - In Exercise 35-38 you given the graph of a...Ch. 10 - In Exercise 35-38 you given the graph of a...Ch. 10 - In Exercise 35-38 you given the graph of a...Ch. 10 - Let f have the graph shown. Select the correct...Ch. 10 - Let f have the graph shown. Select the correct...Ch. 10 - In Exercises 4144, use the definition of the...Ch. 10 - In Exercises 4144, use the definition of the...Ch. 10 - In Exercises 4144, use the definition of the...Ch. 10 - In Exercises 4144, use the definition of the...Ch. 10 - In Exercises 4548, use technology to graph the...Ch. 10 - In Exercises 4548, use technology to graph the...Ch. 10 - In Exercises 4548, use technology to graph the...Ch. 10 - In Exercises 4548, use technology to graph the...Ch. 10 - Stock Investments OHaganBooks.com CEO John OHagan...Ch. 10 - Stock Investments John OHagans golf partner Juan...Ch. 10 - Real Estate Marjory Duffin has persuaded John...Ch. 10 - Advertising Costs OHaganBooks.com has (on further...Ch. 10 - Sales Since the start of July, OHaganBooks.com has...Ch. 10 - Rising Sea Level Marjory Duffin recently purchased...Ch. 10 - Real Estate The following graph (see Exercise 51)...Ch. 10 - Advertising Costs The following graph (see...Ch. 10 - Sales OHaganBooks.com fits the curve...Ch. 10 - Sea Levels Marjory Duffin fit the curve...Ch. 10 - Excluding subsidies, what should the annual...Ch. 10 - Excluding subsidies, what should the annual...Ch. 10 - What is the marginal emission charge (derivative...Ch. 10 - We said that the revised policy provided an...Ch. 10 - What change in C(q) wouldmake 8 million tons the...Ch. 10 - If the scenario in Exercise 5 took place, what...Ch. 10 - Because of intense lobbying by the utility...Ch. 10 - Suppose that instead of imposing a fixed charge...

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