The average surcharge for non-account holders who use an ATM can be modeled as fix) = 0.004x3 - 0.061x2 0.299x0.899 dollars where x is the number of years since 1998, data between 1998 and 2007.t (a) Write the derivative model for f. f'(x) dollars per year is the rate of change of the average surcharge for non-account holders who use an ATM where x is the number of years since 1998. Data from 1998 to 2007. (b) Estimate the transaction fee in 2014. (Round your answer to two decimal places.) $ (c) Estimate the rate of change of the ATM fee in 2012. (Round your answer to three decimal places.) per year $

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.7: Exponential And Logarithmic Models
Problem 16TI: Recent data suggests that, as of 2013, the rate of growth predicted by Moore’s Law no longer holds....
icon
Related questions
Question
The average surcharge for non-account holders who use an ATM can be modeled as
fix) = 0.004x3 - 0.061x2
0.299x0.899 dollars
where x is the number of years since 1998, data between 1998 and 2007.t
(a) Write the derivative model for f.
f'(x)
dollars per year is the rate of change of the average surcharge for non-account holders who use an ATM where x is the number of years since 1998. Data from 1998 to 2007.
(b) Estimate the transaction fee in 2014. (Round your answer to two decimal places.)
$
(c) Estimate the rate of change of the ATM fee in 2012. (Round your answer to three decimal places.)
per year
$
Transcribed Image Text:The average surcharge for non-account holders who use an ATM can be modeled as fix) = 0.004x3 - 0.061x2 0.299x0.899 dollars where x is the number of years since 1998, data between 1998 and 2007.t (a) Write the derivative model for f. f'(x) dollars per year is the rate of change of the average surcharge for non-account holders who use an ATM where x is the number of years since 1998. Data from 1998 to 2007. (b) Estimate the transaction fee in 2014. (Round your answer to two decimal places.) $ (c) Estimate the rate of change of the ATM fee in 2012. (Round your answer to three decimal places.) per year $
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 3 images

Blurred answer