Answer:
- 7
Step-by-step explanation:
The average rate of change of f(x) in the closed interval [ a, b ] is
Here [ a, b ] = [ - 5, - 2 ]
f(b) = f(- 2) = (- 2)² - 4 = 4 - 4 = 0
f(a) = f(- 5) = (- 5)² - 4 = 25 - 4 = 21, thus
average rate of change = =
= - 7
Answer:
Option A earns higher interest($84115.58)
the difference in interest between the two option is $197.9
Step-by-step explanation:
In the problem we are going to apply both the simple interest formula and compound interest formula and compare which has the best/higher returns
Given data
Principal P= $43,000
Rate r= 6%= 0.06
time t= 3years
n= 4 (applicable for compound interest compounded quarterly)
solving for option A gives her 6% compounded quarterly
the compound interest formula is
Interest is =$8411.58
solving for option B which gives her 6% simple interest annually
the simple interest formula is
Interest is= $8213.68
calculating the diference in interest between the two options we have
= $197.9
Option A earns higher interest