From 1981 to 2011, the number � of federally insured banks could be approximated by �(�)=-328.6�+13705 where t is the year and t=0 corresponds to 1981.How many federally insured banks were there in 1986? Find the slope of the graph of B. Interpret this slope as a rate of change. Choose the correct answer below.The number of banks decreased by 13705 banks per yearThe number of banks increased by 13705 banks per yearThe number of banks increased by 328.6 banks per yearThe number of banks increased by 12062 banks per yearThe number of banks decreased by 12062 banks per yearThe number of banks decreased by 328.6 banks per yearFind the y-intercept of the graph of B.The y-intercept is Interpret the y-intercept. Choose the correct answer below.The y-intercept is the number of banks in 1981The y-intercept is the number of banks in 1986The y-intercept is the minimum number of banks allowed in the countryThe y-intercept is the number of banks in 2011The y-intercept is the maximum number of banks allowed in the country

Consider the given equation: Bt=-328.6t+13705 Where t is the year.

Answered: From 1981 to 2011, the number � of…

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter8: Introduction To Functions

Section8.4: The Slope-intercept Form Of A Linear Equation

Problem 6E

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From 1981 to 2011, the number � of federally insured banks could be approximated by �(�)=-328.6�+13705 where t is the year and t=0 corresponds to 1981.

How many federally insured banks were there in 1986?

Find the slope of the graph of B.

Interpret this slope as a rate of change. Choose the correct answer below.