Find the average rate of change of g(x)=8x4+3x2g(x)=8x4+3x2 on the interval [-1,3]
2,
mobile app's total income account (acct. #36p8734) in Phoenix started with a balance of 125,000 value in the year 2001. The balance increased to 170,000 value by the year 2014. Assume growth is exponential in this particular context, not linear.
i) What was the annual growth rate between 2001 and 2014? Express your answers in both decimal and percentage forms. Keep at least 4 decimal places in the rate and then use that to convert to a percentage. Round your percentage to two decimal places.
ii) Assume that the balance continues to grow by the same percentage. What is/was the balance in the year 2017 ? Show the equations you use, define your variables, and show all algebraic steps for full credit. Round to the nearest thousand value. Write your answer in complete sentence form.
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