Reminder Round all answers to decimal places unless otherwise indicated.
Health Plan The managers of an employee health plan for a firm have studied the balance
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FUNCTIONS AND CHANGE COMBO
- Farms in the United States The graph gives the number of farms in the United States from 1850 to 2000. aEstimate the average rate of change in the number of farms between i 1860 and 1890 and ii 1950 and 1970. bIn which decade did the number of farms experience the greatest average rate of decline?arrow_forwardMortgage Rates The following table is taken from the website of Freddie Mac. It shows rates for 30-year fixed-rate mortgages since 1970. y=Year r=Mortgagerate 1975 9.05 1980 13.74 1985 12.43 1990 10.13 1995 7.93 2000 8.05 2005 5.87 2010 4.69 2015 3.84 a. Explain in practical terms the meaning of r(2003). b. Use the table to estimate the value of r(2003).arrow_forwardRound each percentage increase or decrease that you calculate to the nearest tenth of a percent. Percentage ChangeAn investment declines in value by 2 each month. By what percentage does its value declines in a year?arrow_forward
- Power Consumption: The figure shows the power consumption in San Francisco for a day in September (P is measured in megawatts; t is hours stating at midnight). (a) What was the power consumption at 6:00 A.M? At 6:00 P.m.? (b) When was the power consumption the lowest? (c) Find the net change in the power consumption from 9:00 A.M. to 7:00 P.M/arrow_forwardPopulation Growth and Decline The table gives the population in a small coastal community for the period 1997-2006. Figures shown arc for January 1 in each year. (a) What was the average rate of change of population between 1998 and 2001? (b) What was the average rate of change of population between 2002 and 2004? (C) For what period of lime was the population increasing? (d) For what period of time was the population decreasing?arrow_forwardMaria, a biologist is observing the growth pattern of a virus. She starts with 100 of the virus that grows at a rate of 10% per hour. She will check on the virus in 24 hours. How many viruses will she find?arrow_forward
- Ripples in a pond When a stone is thrown into the center of a pond, the ripples spread out in a circular pattern, moving at a rate of 3 feet per second. If the stone is dropped at a point (0,0) in the illustration, when will the ripple reach the seagull floating at the point (15,36)?arrow_forwardTelephone Service The percent P of households in the United States with wireless-only telephone service from 2005 through 2014 can be approximated by the model P=3.42+1.297tlnt,5t14 where t represents the year, with t=5 corresponding to 2005. (Source: National Center for Health Statistics) (a) Approximate the percents of households with wireless-only telephone service in 2008 and 2012. (b) Use a graphing utility to graph the function. (c) Can the model be used to predict the percent of households with wireless-only telephone service in 2020? in 2030? Explain.arrow_forward
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