Solve the problem. When a balance of $3000 is owed on a credit card and interest is being charged at a rate of 16% per year, the total amount owed after t years, A(t), is given by A(t)=3000 (1.16). A(12) - A(6) 12-6 Find the average rate of change, $47,560,020.44 is the average annual increase in the debt from the 6th to the 12th year. $1749.82 is the total amount owed on the debt from the 6th to the 12th year. $1749.82 is the average annual increase in the debt from the 6th to the 12th year.

$47,560,020.44 is the total amount owed on the debt up to and including the 12th year. F and interpret this result.

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A(t)=3000(1.16)} Find the average rate of change, 126(12)A(6), and intorprot this result. $47,560,020.44 is the average annual increase in the dobt from the 64 to to th 312 th year $1749.82 is the fotal amount owed on the dobt from the 6 th to the 12 th year. $1749.82 is the average annual increase in the debt from the 6 th to the 12 th year. $47,560,020.44 is the total amount owed on the debt up to and including the 12 th yoar