Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

From 1985 to 2007, the number BB of federally insured banks could be approximated by B(t)=323t+13785B(t)=-323t+13785 where t is the year and t=0 corresponds to

From 1985 to 2007, the number BB of federally insured banks could be approximated by B(t)=323t+13785B(t)=-323t+13785 where t is the year and t=0 corresponds to 1985. Find the slope of the graph of B. Interpret this slope as a rate of change. Choose the correct answer below.

  • The number of banks decreased by 13785 banks per year
  • The number of banks increased by 13785 banks per year
  • The number of banks decreased by -323 banks per year
  • The number of banks increased by -323 banks per year
  • The number of banks decreased by 323 banks per year
  • The number of banks increased by 323 banks per year

Find the y-intercept of the graph of B. The y-intercept is Interpret the y-intercept. Choose the correct answer below.

  • The y-intercept is the minimum number of banks allowed in the country
  • The y-intercept is the maximum number of banks allowed in the country
  • The y-intercept is the number of banks in 1990
  • The y-intercept is the number of banks in 2007
  • The y-intercept is the number of banks in 1985

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Variational Inequalities And Frictional Contact Problems

Authors: Anca Capatina

1st Edition

3319101633, 9783319101637

More Books

Students also viewed these Mathematics questions

Question

1. Compare the characteristics of various media.

Answered: 1 week ago

Question

The background knowledge of the interpreter

Answered: 1 week ago