Answer:
??????????
Step-by-step explanation:
Exponential
The first year, he would earn 8% interest on the $400 deposited, so he'd have $432. The next year, he would earn 8% interest on the interest earned the previous year in addition to the amount deposited, so he'd have $466.56.
His bank balance would follow the compound interest equation which is exponential.
= 400 × 1.08^t
where t is the number of years since the deposit
Answer:
there is not enough information to solve
Step-by-step explanation:
You need two ordered pairs to calculate the average rate of change.
Let's say the value of the function at n = 1 is a, and the value of the function at n = 3 is b, then the average rate of change from n = 1 to n = 3 is
(b - a)/(3 - 1) = (b - a)/2
Answer:
(4, -3)
Step-by-step explanation:
