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1. The amount M (in trillions of dollars) of mortgage debt outstanding in the United States from 1990
through 2009 can be approximated by the function M = f(0) = 0.0037(t + 14.979), where t = 0
represents the year 1990.
(a) Describe the transformation of the common function f(x) = x2. Then sketch the graph over the
intervalo s t < 19.
(b) Rewrite the function so that t = 0 represents the year 2000. Explain how you got your answer.
(c) Use the model from part (b) to predict the mortgage debt in the year 2014.

Respuesta :

The give quadratic function is dilated by the given coefficient, and shifted

horizontally to the left.

(a) The transformation of the common function f(x) are;

  • f(t) is made more wider than f(x)
  • f(t) is shifted more to the left than the common function f(x).

Please find attached the required graph created with MS Excel

(b) Where t = 0, represent the year 2,000 we have;

  • f(t) = 0.0037·(t + 24.979)²

(c) The mortgage debt in the year 2014 is M ≈ $5.622 trillion

Reasons:

The given function is f(t) = 0.0037·(t + 14.979)²

Year 1990 is t = 0

(a) The given common function is; f(x) =

The transformation of the quadratic function are;

The coefficient 0.0037 widens the common function such that f(t) is wider

than f(x).

The constant, 14.979 added to the variable, t, shifts the graph of the

common function horizontally to the left.

Therefore;

  • f(t) is wider and shifted to the left more than the common function f(x)

Please find attached the required graph over the interval 0 ≤ t ≤ 19 created with MS Excel.

(b) The amount of mortgage debt in 2,000 is given as follows;

With t' = 0 represent the year 2,000, we have;

At year 1990, t' = -10

Which gives, t' = t + 10

From which we have;

f(t) = 0.0037·(t + 14.979)² = 0.0037·(t' + 10 + 14.979)²  = 0.0037·(t' + 24.979)²

Therefore;

The function with t = 0 representing the year 2,000 is presented as follows;

f(t) = 0.0037·(t + 24.979)²

(c) In the year 2014, we have;

t = 2014 - 2000 = 14

Which gives;

f(14) = 0.0037·(14 + 24.979)² ≈ 5.622

The mortgage debt in the year 2014 is M ≈ $5.622 trillion dollars

Learn more about transformation of quadratic functions here:

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