Rick invests $7,174 in an account that earns an annual interest rate of 3%. What will be the balance of the account in 18 years
1 answer:
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Answer:
(a) 120 square units (underestimate)
(b) 248 square units
Step-by-step explanation:
<u>(a) left sum</u>
See the attachment for a diagram of the areas being summed (in orange). This is the sum of the first 4 table values for f(x), each multiplied by 2 (the width of the rectangle). Quite clearly, the curve is above the rectangle for the entire interval, so the rectangle area underestimates the area under the curve.
left sum = 2(1 + 5 + 17 + 37) = 2(60) = 120 . . . . square units
<u>(b) right sum</u>
The right sum is the sum of the last 4 table values for f(x), each multiplied by 2 (the width of the rectangle). This sum is ...
right sum = 2(5 +17 + 37 +65) = 2(124) = 248 . . . . square units
