Answer:
A sinusoidal model would be used
The kind of function that have consistency in the periodic rate of change is the Average rate of changes
Step-by-step explanation:
The type of model that would be used is sinusoidal model and this is because there is periodic change in the values given ( i.e the rate of changes given )
For percentage rate of changes :
starting from 0.9% there is an increase to 1.3% then a decrease to 1.1% and a further decrease to 1% before an increase to 1.3% and another decrease to 1%
For Average rate of changes:
starting from 2.9 there is a decrease to 2.4, then an increase to 3.7 and another decrease to 3.1 followed by an increase to 3.6 and a decrease back to 3.2
This relation ( sinusoidal model ) is best suited for a linear model because there is a periodic rate of change in the functions
The kind of function that have consistency in the period rate of change is the Average rate of changes
Answer:
d
Step-by-step explanation:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
a. 6000x (1 + 0.04/12)^24 = 6498.86
b. . 6000x (1 + 0.03/12)^36 =6564.31
c. . 6000x (1 + 0.01/12)^48 = 6244.76
d. . 6000x (1 + 0.05/12)^60 =6630.47
Neither they connect but don’t make a 90 degree angle
