Answer:
3
Step-by-step explanation:
The average rate of change is
f(x2) - f(x1)
-----------------
x2-x1
We want to find the change from 1 to 3
f(3) = 8
f(1) = 2
f(3) - f(1) 8-2 6
----------------- = ------------ = ---- = 3
3-1 2 2
Formula: total = principal x (1 + (interest rate x loan time))
total = 1000 x (1 + (0.055 x 2))
total = 1000 x (1 + 0.11)
total = 1000 x 1.11
total = $1110
Answer: This is a function, since it's considered to be able to be made into a word problem
Step-by-step explanation:
