There were 120150 federally insured bank in the year 1987. The slope of the graph of B is -326.6.
The provided function B(x) states the number of federally insured banks from 1982-2004.
The function B(x) is,
B(x) = -326.6t + 13783
Here t is representing the year,
This function is a linear function corresponding to an equation of line,
If according to the situation,
t = 0, signifies the year 1982,
Then the year 1983 should be represented by t = 1.
On continuing the pattern the year 1987 should be represented by t = 5.
So, the number of federally insured banks in year 1987 can be found by putting t = 5 in B(x),
B(5) = -326.6(5) + 13783
B(5) = 12150.
The number of banks federally insured in year 1987 is 12150.
The function is B(x)= -326.6t + 1783,
This is representing the point-slope form of the line,
y = mx + c,
On comparing the provided function with the standard equation we can see,
Slope m = -326.6
So the slope of the function is -326.6.
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