Stanton D. answered • 02/20/21

Tutor to Pique Your Sciences Interest

Hi Ryan N.,

So, the rate of change of the Mortgage Rate. I suppose that that should be a change, as a flat percentage rate.

You need the first derivative of the function M(t) = 55.9 / (t^2-0.31t+11.2) with respect to t, I suppose, although the way you wrote your formula would better support M(t) = (55.9/t^2) -0.31t + 11.2 ? Which runs well-nigh unto 5600% per annum during the first month?

Well, you decide what your equation was supposed to be, and comment to correct it. Then we can help?

-- Cheers, -- Mr. d.