Vt(a) Use the graph to estimate, to one decimal place, the average rate of change of V(t) with respect to t over the interval [0, 4] and interpret the result.The average rate of change is , which means that the subprime mortgage debt outstanding was increasing at an average rate of around $ billion per year between 2000 and 2004.(b) Over which 2-year period(s) was the average rate of change of V(t) the least? (Select all that apply.) HINT [See Example 2.][2, 4][4, 6][6, 8]The following graph shows the approximate value V(t) of subprime (normally classi?ed as risky) mortgage debt outstanding in the United States. Subprime debt outstanding1,4001.2001,000 3 (Billions)§ o 2 4 6 82000 2008Year (I) (a) Use the graph to estimate, to one decimal place, the average rate of change of V(t) with respect to 1 over the interval [0, 4] and interpret the result. The average rate of change is , which means that the subprime mortgage debt outstanding was increasing at an average rate of around $ billionper year between 2000 and 2004. (b) Over which 2year period(s) was the average rate of change of V(t) the least? (Select all that apply.) HINT [See Example 2.]D [2, 4] D [4. 6]D [6, 8]
The average rate of change
Plagiarism-free and delivered on time!
We are passionate about delivering quality essays.
Our writers know how to write on any topic and subject area while meeting all of your specific requirements.
Unlike most other services, we will do a free revision if you need us to make corrections even after delivery.