The average rate of change will be negative 7 / 3.
Let the thing that is changing be y and the thing with which the rate is being compared is x, then we have the average rate of change of y as x changes as:
Average rate = (y₂ - y₁) / (x₂ - x₁)
The exponential function is given below.
f(x) = (0.5)ˣ - 6
Then the average rate of change will be
Average rate = [f(0) - f(-3)] / [0 - (-3)]
Average rate = [(0.5⁰ - 6) - (0.5⁻³ - 6)] / 3
Average rate = [1 - 6 - 8 + 6] / 3
Average rate = - 7 / 3
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Answer:
It would be the...
Step-by-step explanation:
Average rate of change = -1/3
A. h = 3 m; r = 3 m
B.h = 4.23 m; r = 5 m
C.h = 15 m; r = 6 m
D.h = 33.75 m; r = 2 m
After ten years, Tamora will have spent $6.496.76 on interest.
Compound interest is the interest on savings calculated on both the initial principal and the accumulated interest from previous periods.
Given, Tamora has just graduated from college. When she entered college four years ago, she took out a $9,100 subsidized Stafford loan, which has a duration of ten years. The loan has an interest rate of 5.4%, compounded monthly.
The total amount of interest to be paid can be expressed as;
A={P}
where;
A = Total amount of interest
P = principal amount of the loan
r = annual interest rate
n = number of compounding periods in a year
t=number of years
In our case;
P=$9,100
r=5.4%=5.4/100=0.054
n=12
t=10 years
Replace the values and solve
A=9,100{(1+0.054/12)^(12×10)}-9,100
A=9,100{(1.0045)^120}-9,100
A=6,496.7575
The sum has been rounded to the closest penny. The equivalent of rounding to the nearest decimalplace is 1/100=0.01.
A=$6,496.76
Tamora will have paid $6.496.76 in interest overall after ten years.
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Answer:
The total interest amount that Tamora will have paid in 10 years=$6.496.76
Step-by-step explanation:
Step 1: Express the formula for calculating total amount of interest
The total amount of interest to be paid can be expressed as;
A={P(1+r/n)^nt}-P
where;
A=total amount of interest
P=principal amount of loan
r=annual interest rate
n=number of compounding periods in a year
t=number of years
In our case;
P=$9,100
r=5.4%=5.4/100=0.054
n=12
t=10 years
Step 2: Replace the values and solve
A=9,100{(1+0.054/12)^(12×10)}-9,100
A=9,100{(1.0045)^120}-9,100
A=6,496.757596
The amount rounded off to nearest cent 1/100=0.01 is the same as rounding off to nearest decimal places
A=$6.496.76
The total interest amount that Tamora will have paid in 10 years=$6.496.76