21-08-2017
Mathematics

contestada

Diana invested some money in a bank at a fixed rate of interest compounded annually. The equation below shows the value of her investment after x years:

f(x) = 400(1.01)x

What was the average rate of change of the value of Diana's investment from the second year to the fifth year?

Respuesta :

jennamziser jennamziser

21-08-2017

f(2)=808 f(5)=2020 rate of change=2.5

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