Albert is purchasing a $179,000 home with a 30-year mortgage at 5.5%.
because he is not making a down payment, pmi in the amount of
$88.50/month is required for the first two years of the loan. based on this
information, what is the total cost of this loan?
o
a. $368,006.40
o
o
o
b. $387,156.20
c. $344,923.03
d. $323,092.10

A. A slope

Step-by-step explanation:

In linear functions, the rate of change is constant: as x goes up, y will go up a consistent amount. In exponential functions, the rate of change increases by a consistent multiplier—it will never be the same, but there will be a pattern. The exponential function f(x) = ex has at every number x the same “slope” as the value of f(x). That makes it a very important function for calculus. For example, at x = 0, the slope of f(x) = ex is f(0) = e0 = 1.