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1 answer:
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Given:
Amount in the bank account = $1850
Monthly payment of can loan = $400.73
To find:
When would automatic payments make the value of the account zero?
Solution:
Craig stops making deposits to that account. So, amount $1850 in the bank account is used to make monthly payment of can loan.
On dividing the amount by monthly payment, we get
It means, the amount is sufficient for 4 payment but for the 5th payment the amount is not sufficient.
Therefore, the 5th automatic payments make the value of the account zero.
Answer:
See answer below
Step-by-step explanation:
Hi there,
To get started, recall the average rate of change formula (essentially the same thing as slope):
So, just determine the average rate for each function between points [0,2] (a and b for the formula above, respectively).
To make it less time consuming, you do not need to do the division portion as it is same for all of them and (2-0) is greater than 1:
Without even doing the divison of (b-a), we can already see that the function with smallest average rate of change between [0,2] is f(x).
thanks,