From 1985 to 2007, the number B of federally insured banks could be approximated by B(t) = -328.4t + 13750 where t is the year and t=0 corresponds to 1985. How many federally insured banks were there in 1990? Find the slope of the graph of B. Interpret this slope as a rate of change. Choose the correct answer below. O The number of banks decreased by 328.4 banks per year The number of banks increased by 328.4 banks per year The number of banks decreased by 12108 banks per year O The number of banks increased by 12108 banks per year O The number of banks decreased by 13750 banks per year O The number of banks increased by 13750 banks per year Find the y-intercept of the graph of B. The y-intercept is Interpret the y-intercept. Choose the correct answer below. O The y-intercept is the number of banks in 1985 The y-intercept is the number of banks in 1990 O The y-intercept is the number of banks in 2007 O The y-intercept is the maximum number of banks allowed in the country O The y-intercept is the minimum number of banks allowed in the country

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.3: Linear Functions And Slope
Problem 105E
icon
Related questions
Question
From 1985 to 2007, the number B of federally insured banks could be approximated by
B(t) = -328.4t+13750 where t is the year and t=0 corresponds to 1985.
How many federally insured banks were there in 1990?
Find the slope of the graph of B.
Interpret this slope as a rate of change. Choose the correct answer below.
O The number of banks decreased by 328.4 banks per year
O The number of banks increased by 328.4 banks per year
The number of banks decreased by 12108 banks per year
O The number of banks increased by 12108 banks per year
The number of banks decreased by 13750 banks per year
The number of banks increased by 13750 banks per year
Find the y-intercept of the graph of B.
The y-intercept is
Interpret the y-intercept. Choose the correct answer below.
O The y-intercept is the number of banks in 1985
O The y-intercept is the number of banks in 1990
O The y-intercept is the number of banks in 2007
O The y-intercept is the maximum number of banks allowed in the country
O The y-intercept is the minimum number of banks allowed in the country
Transcribed Image Text:From 1985 to 2007, the number B of federally insured banks could be approximated by B(t) = -328.4t+13750 where t is the year and t=0 corresponds to 1985. How many federally insured banks were there in 1990? Find the slope of the graph of B. Interpret this slope as a rate of change. Choose the correct answer below. O The number of banks decreased by 328.4 banks per year O The number of banks increased by 328.4 banks per year The number of banks decreased by 12108 banks per year O The number of banks increased by 12108 banks per year The number of banks decreased by 13750 banks per year The number of banks increased by 13750 banks per year Find the y-intercept of the graph of B. The y-intercept is Interpret the y-intercept. Choose the correct answer below. O The y-intercept is the number of banks in 1985 O The y-intercept is the number of banks in 1990 O The y-intercept is the number of banks in 2007 O The y-intercept is the maximum number of banks allowed in the country O The y-intercept is the minimum number of banks allowed in the country
Expert Solution
steps

Step by step

Solved in 4 steps with 2 images

Blurred answer
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
PREALGEBRA
PREALGEBRA
Algebra
ISBN:
9781938168994
Author:
OpenStax
Publisher:
OpenStax
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College