Mathex3.docx

EXAM 3 BHS-105

1. HOW MUCH WILL THE MONTHLY PAYMENT BE ON CAR THAT SELLS FOR 30000, IF YOU PUT $5000 DOWN AND FINANCE IT FOR 5 YEARS AT 2.5% INTEREST?

2. IF YOU CAN AFFORD TO PAY $450 A MONTH FOR A CAR AND THE INTEREST RATE IS 3%, HOW MUCH CAN YOU AFFORD TO SPEND FOR THAT CAR?

3. HOW MUCH WILL YOUR MONTHLY PAYMENT BE ON A HOUSE THAT COSTS $450000, AFTER YOUR DOWN PAYMENT? THE INTEREST RATE IS 3.25% AND THE TERM IS 30 YEARS.

4. IF YOU CAN AFFORD TO PAY $1500 A MONTH FOR A HOME, HOW MUCH CAN YOU FINANCE IF THE INTEREST RATE IS 4% AND THE TERM IS 30 YEARS?

5. FOR #4, WHAT IF THE INTEREST RATE IS DROPPED TO 2.75% IF THE TERM IS LOWERED TO 20 YEARS. HOW MUCH COULD YOU FINANCE THEN?

6. WRITE log 464   =  3, AS AN EXPONENTIAL EQUATION.

7. WRITE  3  =  9(1/2) AS A LOGARITHM EQUATION

8. WRITE log√3 9  =  4, AS AN EXPONENTIAL EQUATION.

9. WRITE 1  =  50 AS A LOGARITHM EQUATION

SOLVE 10-15

10. 3=LOG(X)

X=

11. , X=

12. , X=

13. , X=

14. LOG(100)=X, X=

15. , X=