Find the constant rate of change for each linear function and interpret its meaning
1 answer:
the slope goes by several names
• average rate of change
• rate of change
• deltaY over deltaX
• Δy over Δx
• rise over run
• gradient
• constant of proportionality
however, is the same cat wearing different costumes.
and to get it, we simply need two points off of the straight line, hmm let's use the ones in the picture below.
You might be interested in
Answer:
$14,048.62
Step-by-step explanation:
The interest is 9% per year and compounded 3 times a year, so each compound will be 9%/3 = 3%
The time elapsed will be 15 years and the interest compounded 3 times a year, so the number of compounds happens will be = 15 years* 3 compounds/year= 45x compound.
So basically the money will get 3% interest 45 times. To put into the compounding interest formula, the final account balance will be:
A = P (1 + [ r / n ]) ^ nt
A= amount of the balance after a period of t
P= principal, the initial money deposit( $3,715)
r= rate(9%)
n= number of compound per unit of time(3 times per year)
t= time(15 years)
The calculation will be:
A = P (1 + [ r / n ]) ^ nt
A =
A = $14,048.62