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please do part d and any parts needed for part d Bank Account Imagine that 6 years ago you invested $1400 in an account with
please do part d and any parts needed for part d
Bank Account Imagine that 6 years ago you invested $1400 in an account with a fixed interest r and with interest compounded continuously. You do not remember the interest rate, but your end-of-the-year statements for the first 5 years the data shown in the table. a. Use the data to find the change and percentage change in the balance from the end of year 1 through the end of year 5 . b. Use the data to find the average rate of change of the balance from the end of year 1 through the end of year 5 . Interpret your answer. c. Using the data, is it possible to find the average rate of change in the balance from the middle of the fourth year through the end of the fourth year? Explain how this could be done or why it cannot be done. d. Find a model for the data, and use the equation to find the average rate of change in the balance over the last half of the fourth yearStep by Step Solution
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