You need a loan of $150,000 to buy a home. calculate your monthly payments and total closing costs for each choice below. briefly discuss how you would decide between the two choices.
choice 1: 15- year fixed rate at 6% with closing costs of $1900 and no points
choice 2 15 year fixed rate at 5.5% with closing costs of $1900 and 4 points.
what is the monthly payment for choice 1?
what is the monthly payment for choice 2?

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step-by-step explanation:

let f (x ) is a function and c be a positive real number,   the graph of the function g (x ) = f (cx ) is represented as follows.

when, c > 1,   the function compresses it in the x - direction.

when, 0 < c < 1, the function stretches it.

the function is g ( x ) = (9x )2.

the heighest power of x in g ( x ) = (9x )2 is 2, so the parent function is square function.

the equation of parent function is f ( x ) = x 2 .

the function is g ( x ) = (9x )2 and the parent function is f ( x ) = x 2 .

so, the functions f and g have the following relationship.

g ( x ) = f ( 9x ).

compare the function g ( x ) = f ( 9x ) with g (x ) = f (cx ).

c = 9 ( > 1 ).

so, the function g (x ) = (9x )2 compresses it in the x - direction.

step-by-step explanation:

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