With an initial deposit of 400 dollars, the balance in a bank account after t years is f(t)=400(1.05)^t dollars. What is the average rate of change over [0,1]?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
Problem 18T
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With an initial deposit of 400 dollars, the balance in a bank account after t years is f(t)=400(1.05)^t dollars.

What is the average rate of change over [0,1]?

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