It may be misleading because it only tells you those two years, not what happened between those years
Answer:
a)
b)
Solution:
a)
we are finding the derivative from position to velocity thus
units =
b)
Hello!
Out equation is:
A= 6000
P=5000
N=1
T=5
R= What we are trying to find
This means we will have
Divide both sides by 5000:
Move the power to the other side by rooting both sides:
Subtract 1 from both sides:
Now we just need to calculate: R = 0.03713728...
I don't know how many decimal places you can have, but I will round to 2. This will give you an Interest Rate of 3.71%.
I hope this helps! :)
Not sure what to do about Oregon and Idaho but the 2/100 gives you a 50 unit rate 50x11= 550