Answer:
c. 6
Step-by-step explanation:
Given
See attachment for graph
Required
Average rate of change
This is calculated as:
Where
So, we have:
Using the attached graph, we have:
So, we have:
Money is invested into an account earning 4.25% interest compounded annually. If the accumulated value after 18 years will be $2
1 answer:
You might be interested in
Hi there!
To derive an equation given the points, we can use the slope formula:
Plug in the corresponding coordinates:
Simplify:
Therefore, we have:
y = -4x + b
Plug in the x and y values for a coordinate to solve for b:
2 = -4(1) + b
2 = -4 + b
b = 6
The equation is:
y = -4x + 6. The correct answer is D.