How much would $500 invested at 5% interest compounded continuously be worth after 8 years? Round your answer to the nearest cen
1 answer:
You might be interested in
The average rate of change = 1.59 ≈ 2
The average rate of change can be calculated by
1) The first one = = 1.5
2 ) the second can also be solved by ; 8 + 2/ 2 = 5
3 ) the third one will be 20 + 6 / 2 = 13
4) 8.5
5) 12.5
To calculate the average rate of change
we will first add all the distance
Adding all the distance we will get the sum = 3 + 8 + 20 + 10 + 10 = 51
The total time = 2 + 6 + 9 +15 = 32
Thus the average rate of change = 51 / 32 = 1.59
To know more about average rate of change you may visit the link which is mentioned below;
#SPJ13