Mathematics

Mathematics, 30.05.2020 23:03, carlybeavers50

When a deposit of $1000 is made into an account paying 2% interest, compounded annually, the balance, $B, in the account after t years is given by B = 1000(1.02)t. Find the average rate of change in the balance over the interval t = 0 to t = 5. Give units and interpret your answer in terms of the balance in the account.

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