What is the average rate of change over the interval [0.75, 1.125]? Explain the meaning of the average rate of change.

1) The average rte of change = 6

2) The average rate of change over an interval is the ratio of the total change in the determinate variable or function (values of the output of the function) to the change in the indeterminate variable (values of the input of the function)

Step-by-step explanation:

1) The average of change of the function is found as follows;

At x = 0.75, y = -0.5, at x = 1.125, y = 1.75

Therefore, the average rate of change = (1.75 - (-0.5))/(1.125 - 0.75) = 6

2) The average rate of change over an interval on a graph or of a curve is found by dividing the difference between the y-coordinate values of the two points on the graph by the difference of the x-coordinate values of the two points.

(a) {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …}

(b) $59 398

step-by-step explanation:

(a) the annual sequence of profits

aₙ = a₁rⁿ⁻¹

the model for the sequence of profits is {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …} .

(b) profit after 15 yr

  a₁ = $ 30 000

  r = 1.05

a₁₅ = 30 000 × 1.05¹⁴

a₁₅ = 30 000 × 1.979 93

a₁₅ = $59 398

the profit in year 15 will be $59 398.