UCSS Math I 2.2.4 Example 3
- Author:
- Walch Education
Destiny invests $3,200 at a rate of 3.4%, compounded monthly. The function that models this situation is , where represents the time in years. What is the rate of change between = 2 years and = 5 years?
- Determine the corresponding -values for the given interval.
- Calculate the change in -values.
- Calculate the change in -values.
- Determine the rate of change.