Calculous word problem 1

Mathematics
Tutor: None Selected Time limit: 1 Day

i am stuck on the following problem. here is a pic of the problem

http://imgur.com/wpmoTIi

please include all steps/work in the answer

thanks in advance

Jan 20th, 2015

A(3) = 5000* 1.143

A(2)= 5000* 1.142

[A(3)-A(2)] = 5000*1.142(1.14-1.0)= 5000*0.14 *1.142 =700*1.142

[A(3)-A(2)]/(3-2) = 700*1.142/(3-2) =700*1.142=700*1.2996=909.72

This is the rate of change of the amount from 2 to 3 years.


Jan 20th, 2015

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