The function below computes the dollar amount A in an investment as a function of t, the elapsed time in years after the account was opened. Assume that the formula applies indefinitely. A (t) = 1135 (1.0177) Graph this function on the interval [0, 15], use "ZOOM > FIT" and answer the following. (a) Determine the average rate of change of A (t) on the interval [1, 8]. Give your answer correct to two decimal places. Answer: dollars per year.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter9: Quadratic Functions And Equations
Section9.6: Solving Quadratic Equations By Using The Quadratic Formula
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The function below computes the dollar amount A in an investment as a function of t, the elapsed time in years after the account was opened.
Assume that the formula applies indefinitely.
A (t) = 1135 (1.0177)
Graph this function on the interval [0, 15], use "ZOOM > FIT" and answer the following.
(a) Determine the average rate of change of A (t) on the interval [1, 8].
Give your answer correct to two decimal places.
Answer:
dollars per year.
Transcribed Image Text:The function below computes the dollar amount A in an investment as a function of t, the elapsed time in years after the account was opened. Assume that the formula applies indefinitely. A (t) = 1135 (1.0177) Graph this function on the interval [0, 15], use "ZOOM > FIT" and answer the following. (a) Determine the average rate of change of A (t) on the interval [1, 8]. Give your answer correct to two decimal places. Answer: dollars per year.
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