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(point Suppose you depos: 700 dollars into a bank with 4% simple interest. The amount in the account after years is given by A(t) =

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(point Suppose you depos: 700 dollars into a bank with 4% simple interest. The amount in the account after years is given by A(t) = 700(1.01) in dollars) 1. What is the average rate of change for the first year? Rate (m dollars per year) 2. What is the average rate of change for the first five years? Rate (in dollars per yeary 5. What is the average rate of change for the first ten years? Rate in dollars per yean 4. Does the average rae of change increase or decrease as time from the initial deposit gets longer? choose one

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