Recs Skill plans
Math
TX Standards
Algebra 2
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T.13 Compound interest: word problems YJW
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Alexa opened a savings account 5 years ago. The account earns 3%
interest, compounded annually. If the current balance is $600.00, how
much did she deposit initially?
Round your answer to the nearest cent.
Submit

clock

step-by-step explanation:

correct choice is b

step-by-step explanation:

when you calculate the average rate of change of a function, you are finding the slope of the secant line between the two points. for the function the average rate of change from point to point can be calculated as

to find the average rate of change from day 2 to day 10, note that at day 2, 8 houses were sold, so a(2,8) and at day 10, 2 houses were sold, so b(10,2). thus,

could u provide us some answer choices or hmm idk maybe a table for us to anser with ? ?