If $900 is invested in an account that pays 3% compounded annually, the total amount, A(t), in the account after t years is A(t) = 900(1.03)'. a. Find the average rate of change per year of the total amount in the account for the first four years of the investment (from t=0 tot = 4). b. Find the average rate of change per year of the total amount in the account for the second four years of the investment (from t=4 to t = 8). c. Estimate the instantaneous rate of change for t=4. a. Which of the following is the correct formula for finding the average rate of change from t= a to t=b? A(4) A(0) OA. OB. O C. O D. A(0)-A(4) 4 A(4) - A(0) 4 A(4) 4 www -A(0)

If $900 is invested in an account that pays 3% compounded annually, the total amount, A(t), in the account after t years is A(t) = 900(1.03)'. a. Find the average rate of change per year of the total amount in the account for the first four years of the investment (from t=0 tot = 4). b. Find the average rate of change per year of the total amount in the account for the second four years of the investment (from t=4 to t = 8). c. Estimate the instantaneous rate of change for t=4. a. Which of the following is the correct formula for finding the average rate of change from t= a to t=b? A(4) A(0) OA. OB. O C. O D. A(0)-A(4) 4 A(4) - A(0) 4 A(4) 4 www -A(0)

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter5: Exponential And Logarithmic Functions

Section: Chapter Questions

Problem 37CT: On the day a grandchild is born, a grandparent deposits $2500 in a fund earning 7.5% interest,...

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