BuyFindarrow_forward

Calculus: An Applied Approach (Min...

10th Edition
Ron Larson
ISBN: 9781305860919

Solutions

Chapter
Section
BuyFindarrow_forward

Calculus: An Applied Approach (Min...

10th Edition
Ron Larson
ISBN: 9781305860919
Textbook Problem
1 views

Mortgage Debt The rate of change of mortgage debt outstanding for one- to four-family homes in the United States from 2000 through 2013 can be modeled by

d M d t = 1.079   +   2.555 t 0.5   0.75428 t   +   0.0000061 e t d t where M is the mortgage debt outstanding (in trillions of dollars) and t is the year, with t = 0 corresponding to 2000. In 2000, the mortgage debt outstanding in the United States was $5.1 trillion. (Source: Board of Governors of the Federal Reserve System)

(a) Write a model for the debt as a function of t.

(b) What was the average mortgage debt outstanding for 2000 through 2013?

(a)

To determine

To calculate: A model for the debt as a function of t with t=0 corresponding to 2000, where rate of change of mortgage debt outstanding for one to four family homes from 2000 to 2013 is modeled by the function,

dMdt=1.079+2.5550t0.50.75428t+0.0000061et,

Where M is the mortgage debt outstanding and t is the year.

Explanation

Given Information:

The rate of change of mortgage debt outstanding for one to four family homes in the United States from 2000 to 2013 is modeled by the function,

dMdt=1.079+2.5550t0.50.75428t+0.0000061et,

Where M is the mortgage debt outstanding and t is the year and also the mortgage debt outstanding was 5.1 trillion in the year 2000.

Calculation:

Consider the model,

dMdt=1.079+2.5550t0.50.75428t+0.0000061et

In order to determine a model for the debt as a function of t, integrate the provided model with respect to t as,

M(t)=(1.079+2.5550t0.50.75428t+0.0000061et)dt=1.079t+2.55501.5t1.50.754282t2+0.0000061et+C=1

(b)

To determine

To calculate: The average mortgage debt outstanding for 2000 through 2013 where rate of change of mortgage debt outstanding for one to four family homes from 2000 to 2013 is modeled by the function,

dMdt=1.079+2.5550t0.50.75428t+0.0000061et,

Where M is the mortgage debt outstanding and t is the year.

Still sussing out bartleby?

Check out a sample textbook solution.

See a sample solution

The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started
Sect-5.1 P-3SWUSect-5.1 P-4SWUSect-5.1 P-5SWUSect-5.1 P-6SWUSect-5.1 P-7SWUSect-5.1 P-8SWUSect-5.1 P-9SWUSect-5.1 P-10SWUSect-5.1 P-1ESect-5.1 P-2ESect-5.1 P-3ESect-5.1 P-4ESect-5.1 P-5ESect-5.1 P-6ESect-5.1 P-7ESect-5.1 P-8ESect-5.1 P-9ESect-5.1 P-10ESect-5.1 P-11ESect-5.1 P-12ESect-5.1 P-13ESect-5.1 P-14ESect-5.1 P-15ESect-5.1 P-16ESect-5.1 P-17ESect-5.1 P-18ESect-5.1 P-19ESect-5.1 P-20ESect-5.1 P-21ESect-5.1 P-22ESect-5.1 P-23ESect-5.1 P-24ESect-5.1 P-25ESect-5.1 P-26ESect-5.1 P-27ESect-5.1 P-28ESect-5.1 P-29ESect-5.1 P-30ESect-5.1 P-31ESect-5.1 P-32ESect-5.1 P-33ESect-5.1 P-34ESect-5.1 P-35ESect-5.1 P-36ESect-5.1 P-37ESect-5.1 P-38ESect-5.1 P-39ESect-5.1 P-40ESect-5.1 P-41ESect-5.1 P-42ESect-5.1 P-43ESect-5.1 P-44ESect-5.1 P-45ESect-5.1 P-46ESect-5.1 P-47ESect-5.1 P-48ESect-5.1 P-49ESect-5.1 P-50ESect-5.1 P-51ESect-5.1 P-52ESect-5.1 P-53ESect-5.1 P-54ESect-5.1 P-55ESect-5.1 P-56ESect-5.1 P-57ESect-5.1 P-58ESect-5.1 P-59ESect-5.1 P-60ESect-5.1 P-61ESect-5.1 P-62ESect-5.1 P-63ESect-5.1 P-64ESect-5.1 P-65ESect-5.1 P-66ESect-5.1 P-67ESect-5.1 P-68ESect-5.1 P-69ESect-5.1 P-70ESect-5.1 P-71ESect-5.1 P-72ESect-5.1 P-73ESect-5.1 P-74ESect-5.1 P-75ESect-5.2 P-1CPSect-5.2 P-2CPSect-5.2 P-3CPSect-5.2 P-4CPSect-5.2 P-5CPSect-5.2 P-6CPSect-5.2 P-7CPSect-5.2 P-8CPSect-5.2 P-1SWUSect-5.2 P-2SWUSect-5.2 P-3SWUSect-5.2 P-4SWUSect-5.2 P-5SWUSect-5.2 P-6SWUSect-5.2 P-7SWUSect-5.2 P-8SWUSect-5.2 P-9SWUSect-5.2 P-1ESect-5.2 P-2ESect-5.2 P-3ESect-5.2 P-4ESect-5.2 P-5ESect-5.2 P-6ESect-5.2 P-7ESect-5.2 P-8ESect-5.2 P-9ESect-5.2 P-10ESect-5.2 P-11ESect-5.2 P-12ESect-5.2 P-13ESect-5.2 P-14ESect-5.2 P-15ESect-5.2 P-16ESect-5.2 P-17ESect-5.2 P-18ESect-5.2 P-19ESect-5.2 P-20ESect-5.2 P-21ESect-5.2 P-22ESect-5.2 P-23ESect-5.2 P-24ESect-5.2 P-25ESect-5.2 P-26ESect-5.2 P-27ESect-5.2 P-28ESect-5.2 P-29ESect-5.2 P-30ESect-5.2 P-31ESect-5.2 P-32ESect-5.2 P-33ESect-5.2 P-34ESect-5.2 P-35ESect-5.2 P-36ESect-5.2 P-37ESect-5.2 P-38ESect-5.2 P-39ESect-5.2 P-40ESect-5.2 P-41ESect-5.2 P-42ESect-5.2 P-43ESect-5.2 P-44ESect-5.2 P-45ESect-5.2 P-46ESect-5.2 P-47ESect-5.2 P-48ESect-5.2 P-49ESect-5.2 P-50ESect-5.2 P-51ESect-5.2 P-52ESect-5.2 P-53ESect-5.2 P-54ESect-5.2 P-55ESect-5.2 P-56ESect-5.2 P-57ESect-5.2 P-58ESect-5.2 P-59ESect-5.2 P-60ESect-5.2 P-61ESect-5.2 P-62ESect-5.3 P-1CPSect-5.3 P-2CPSect-5.3 P-3CPSect-5.3 P-4CPSect-5.3 P-5CPSect-5.3 P-6CPSect-5.3 P-7CPSect-5.3 P-1SWUSect-5.3 P-2SWUSect-5.3 P-3SWUSect-5.3 P-4SWUSect-5.3 P-5SWUSect-5.3 P-6SWUSect-5.3 P-7SWUSect-5.3 P-8SWUSect-5.3 P-1ESect-5.3 P-2ESect-5.3 P-3ESect-5.3 P-4ESect-5.3 P-5ESect-5.3 P-6ESect-5.3 P-7ESect-5.3 P-8ESect-5.3 P-9ESect-5.3 P-10ESect-5.3 P-11ESect-5.3 P-12ESect-5.3 P-13ESect-5.3 P-14ESect-5.3 P-15ESect-5.3 P-16ESect-5.3 P-17ESect-5.3 P-18ESect-5.3 P-19ESect-5.3 P-20ESect-5.3 P-21ESect-5.3 P-22ESect-5.3 P-23ESect-5.3 P-24ESect-5.3 P-25ESect-5.3 P-26ESect-5.3 P-27ESect-5.3 P-28ESect-5.3 P-29ESect-5.3 P-30ESect-5.3 P-31ESect-5.3 P-32ESect-5.3 P-33ESect-5.3 P-34ESect-5.3 P-35ESect-5.3 P-36ESect-5.3 P-37ESect-5.3 P-38ESect-5.3 P-39ESect-5.3 P-40ESect-5.3 P-41ESect-5.3 P-42ESect-5.3 P-43ESect-5.3 P-44ESect-5.3 P-45ESect-5.3 P-46ESect-5.3 P-47ESect-5.3 P-48ESect-5.3 P-49ESect-5.3 P-50ESect-5.3 P-51ESect-5.3 P-52ESect-5.3 P-53ESect-5.3 P-54ESect-5.3 P-55ESect-5.3 P-56ESect-5.3 P-57ESect-5.3 P-58ESect-5.3 P-1QYSect-5.3 P-2QYSect-5.3 P-3QYSect-5.3 P-4QYSect-5.3 P-5QYSect-5.3 P-6QYSect-5.3 P-7QYSect-5.3 P-8QYSect-5.3 P-9QYSect-5.3 P-10QYSect-5.3 P-11QYSect-5.3 P-12QYSect-5.3 P-13QYSect-5.3 P-14QYSect-5.3 P-15QYSect-5.3 P-16QYSect-5.3 P-17QYSect-5.3 P-18QYSect-5.3 P-19QYSect-5.3 P-20QYSect-5.3 P-21QYSect-5.4 P-1CPSect-5.4 P-2CPSect-5.4 P-3CPSect-5.4 P-4CPSect-5.4 P-5CPSect-5.4 P-6CPSect-5.4 P-7CPSect-5.4 P-8CPSect-5.4 P-9CPSect-5.4 P-1SWUSect-5.4 P-2SWUSect-5.4 P-3SWUSect-5.4 P-4SWUSect-5.4 P-5SWUSect-5.4 P-6SWUSect-5.4 P-7SWUSect-5.4 P-1ESect-5.4 P-2ESect-5.4 P-3ESect-5.4 P-4ESect-5.4 P-5ESect-5.4 P-6ESect-5.4 P-7ESect-5.4 P-8ESect-5.4 P-9ESect-5.4 P-10ESect-5.4 P-11ESect-5.4 P-12ESect-5.4 P-13ESect-5.4 P-14ESect-5.4 P-15ESect-5.4 P-16ESect-5.4 P-17ESect-5.4 P-18ESect-5.4 P-19ESect-5.4 P-20ESect-5.4 P-21ESect-5.4 P-22ESect-5.4 P-23ESect-5.4 P-24ESect-5.4 P-25ESect-5.4 P-26ESect-5.4 P-27ESect-5.4 P-28ESect-5.4 P-29ESect-5.4 P-30ESect-5.4 P-31ESect-5.4 P-32ESect-5.4 P-33ESect-5.4 P-34ESect-5.4 P-35ESect-5.4 P-36ESect-5.4 P-37ESect-5.4 P-38ESect-5.4 P-39ESect-5.4 P-40ESect-5.4 P-41ESect-5.4 P-42ESect-5.4 P-43ESect-5.4 P-44ESect-5.4 P-45ESect-5.4 P-46ESect-5.4 P-47ESect-5.4 P-48ESect-5.4 P-49ESect-5.4 P-50ESect-5.4 P-51ESect-5.4 P-52ESect-5.4 P-53ESect-5.4 P-54ESect-5.4 P-55ESect-5.4 P-56ESect-5.4 P-57ESect-5.4 P-58ESect-5.4 P-59ESect-5.4 P-60ESect-5.4 P-61ESect-5.4 P-62ESect-5.4 P-63ESect-5.4 P-64ESect-5.4 P-65ESect-5.4 P-66ESect-5.4 P-67ESect-5.4 P-68ESect-5.4 P-69ESect-5.4 P-70ESect-5.4 P-71ESect-5.4 P-72ESect-5.4 P-73ESect-5.4 P-74ESect-5.4 P-75ESect-5.4 P-76ESect-5.4 P-77ESect-5.4 P-78ESect-5.4 P-79ESect-5.5 P-1CPSect-5.5 P-2CPSect-5.5 P-3CPSect-5.5 P-4CPSect-5.5 P-5CPSect-5.5 P-6CPSect-5.5 P-1SWUSect-5.5 P-2SWUSect-5.5 P-3SWUSect-5.5 P-4SWUSect-5.5 P-5SWUSect-5.5 P-6SWUSect-5.5 P-7SWUSect-5.5 P-8SWUSect-5.5 P-1ESect-5.5 P-2ESect-5.5 P-3ESect-5.5 P-4ESect-5.5 P-5ESect-5.5 P-6ESect-5.5 P-7ESect-5.5 P-8ESect-5.5 P-9ESect-5.5 P-10ESect-5.5 P-11ESect-5.5 P-12ESect-5.5 P-13ESect-5.5 P-14ESect-5.5 P-15ESect-5.5 P-16ESect-5.5 P-17ESect-5.5 P-18ESect-5.5 P-19ESect-5.5 P-20ESect-5.5 P-21ESect-5.5 P-22ESect-5.5 P-23ESect-5.5 P-24ESect-5.5 P-25ESect-5.5 P-26ESect-5.5 P-27ESect-5.5 P-28ESect-5.5 P-29ESect-5.5 P-30ESect-5.5 P-31ESect-5.5 P-32ESect-5.5 P-33ESect-5.5 P-34ESect-5.5 P-35ESect-5.5 P-36ESect-5.5 P-37ESect-5.5 P-38ESect-5.5 P-39ESect-5.5 P-40ESect-5.5 P-41ESect-5.5 P-42ESect-5.5 P-43ESect-5.5 P-44ESect-5.5 P-45ESect-5.5 P-46ESect-5.5 P-47ESect-5.5 P-48ESect-5.5 P-49ESect-5.5 P-50ESect-5.5 P-51ESect-5.5 P-52ESect-5.5 P-53ESect-5.5 P-54ESect-5.5 P-55ESect-5.5 P-56ESect-5.5 P-57ESect-5.5 P-58ESect-5.6 P-1CPSect-5.6 P-2CPSect-5.6 P-3CPSect-5.6 P-1SWUSect-5.6 P-2SWUSect-5.6 P-3SWUSect-5.6 P-4SWUSect-5.6 P-5SWUSect-5.6 P-6SWUSect-5.6 P-7SWUSect-5.6 P-8SWUSect-5.6 P-9SWUSect-5.6 P-10SWUSect-5.6 P-1ESect-5.6 P-2ESect-5.6 P-3ESect-5.6 P-4ESect-5.6 P-5ESect-5.6 P-6ESect-5.6 P-7ESect-5.6 P-8ESect-5.6 P-9ESect-5.6 P-10ESect-5.6 P-11ESect-5.6 P-12ESect-5.6 P-13ESect-5.6 P-14ESect-5.6 P-15ESect-5.6 P-16ESect-5.6 P-17ESect-5.6 P-18ESect-5.6 P-19ESect-5.6 P-20ESect-5.6 P-29ESect-5.6 P-30ESect-5.6 P-31ESect-5.6 P-33ECh-5 P-1RECh-5 P-2RECh-5 P-3RECh-5 P-4RECh-5 P-5RECh-5 P-6RECh-5 P-7RECh-5 P-8RECh-5 P-9RECh-5 P-10RECh-5 P-11RECh-5 P-12RECh-5 P-13RECh-5 P-14RECh-5 P-15RECh-5 P-16RECh-5 P-17RECh-5 P-18RECh-5 P-19RECh-5 P-20RECh-5 P-21RECh-5 P-22RECh-5 P-23RECh-5 P-24RECh-5 P-25RECh-5 P-26RECh-5 P-27RECh-5 P-28RECh-5 P-29RECh-5 P-30RECh-5 P-31RECh-5 P-32RECh-5 P-33RECh-5 P-34RECh-5 P-35RECh-5 P-36RECh-5 P-37RECh-5 P-38RECh-5 P-39RECh-5 P-40RECh-5 P-41RECh-5 P-42RECh-5 P-43RECh-5 P-44RECh-5 P-45RECh-5 P-46RECh-5 P-47RECh-5 P-48RECh-5 P-49RECh-5 P-50RECh-5 P-51RECh-5 P-52RECh-5 P-53RECh-5 P-54RECh-5 P-55RECh-5 P-56RECh-5 P-57RECh-5 P-58RECh-5 P-59RECh-5 P-60RECh-5 P-61RECh-5 P-62RECh-5 P-63RECh-5 P-64RECh-5 P-65RECh-5 P-66RECh-5 P-67RECh-5 P-68RECh-5 P-69RECh-5 P-70RECh-5 P-71RECh-5 P-72RECh-5 P-73RECh-5 P-74RECh-5 P-75RECh-5 P-76RECh-5 P-77RECh-5 P-78RECh-5 P-79RECh-5 P-80RECh-5 P-81RECh-5 P-82RECh-5 P-83RECh-5 P-84RECh-5 P-85RECh-5 P-86RECh-5 P-87RECh-5 P-88RECh-5 P-89RECh-5 P-90RECh-5 P-91RECh-5 P-92RECh-5 P-93RECh-5 P-94RECh-5 P-95RECh-5 P-96RECh-5 P-97RECh-5 P-98RECh-5 P-99RECh-5 P-100RECh-5 P-101RECh-5 P-102RECh-5 P-103RECh-5 P-104RECh-5 P-105RECh-5 P-106RECh-5 P-107RECh-5 P-108RECh-5 P-109RECh-5 P-110RECh-5 P-111RECh-5 P-112RECh-5 P-113RECh-5 P-114RECh-5 P-115RECh-5 P-1TYSCh-5 P-2TYSCh-5 P-3TYSCh-5 P-4TYSCh-5 P-5TYSCh-5 P-6TYSCh-5 P-7TYSCh-5 P-8TYSCh-5 P-9TYSCh-5 P-10TYSCh-5 P-11TYSCh-5 P-12TYSCh-5 P-13TYSCh-5 P-14TYSCh-5 P-15TYSCh-5 P-16TYSCh-5 P-17TYSCh-5 P-18TYSCh-5 P-19TYSCh-5 P-20TYSCh-5 P-21TYSCh-5 P-22TYS

Additional Math Solutions

Find more solutions based on key concepts

Show solutions add

Domain Find the domain of the expression. 7. 4x2 10x + 3

Precalculus: Mathematics for Calculus (Standalone Book)

What is wrong with the equation? /3sectand=sec]/3=3

Single Variable Calculus: Early Transcendentals, Volume I

Celsius and Fahrenheit Temperatures The relationship between Celsius (C) and Fahrenheit (F) temperatures is giv...

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

In problems 31-36, simplify each expression. 34.

Mathematical Applications for the Management, Life, and Social Sciences

Solve the equation for x. 43. |2x| = 3

Single Variable Calculus: Early Transcendentals

True or False: is a convergent series.

Study Guide for Stewart's Multivariable Calculus, 8th

True or False: f(x) = tan x is differentiable at x=2.

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th