Suppose that someone deposits $5000 in an account that earns 8.0% simple interest. Complete parts (a) and (b) below. *** a. Express the future value in the account as a linear function of time, t. A= 5000+400t (Do not factor.) b. Determine the slope of the function in part (a) and describe what this means. Select the correct choice below and, if necessary, fill in the answer box(es) to complete your choice. (Type integers or decimals.) OA. The slope of the function is OB. The slope of the function is OC. The slope of the function is OD. The slope of the function is The rate of change of the future value per month is $ The rate of change of the present value per month is $ The rate of change of the present value per year is $ The rate of change of the future value per year is $
Suppose that someone deposits $5000 in an account that earns 8.0% simple interest. Complete parts (a) and (b) below. *** a. Express the future value in the account as a linear function of time, t. A= 5000+400t (Do not factor.) b. Determine the slope of the function in part (a) and describe what this means. Select the correct choice below and, if necessary, fill in the answer box(es) to complete your choice. (Type integers or decimals.) OA. The slope of the function is OB. The slope of the function is OC. The slope of the function is OD. The slope of the function is The rate of change of the future value per month is $ The rate of change of the present value per month is $ The rate of change of the present value per year is $ The rate of change of the future value per year is $
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter8: Polynomials
Section8.1: Adding And Subtracting Polynomials
Problem 44PPS
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