2 In a small rural town city hall kept records on the number of cell...
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2 In a small rural town city hall kept records on the number of cell phone users in the town Their results are shown below a b C I Q YEAR 2001 2002 2003 2004 2005 2006 2007 2008 NO OF USERS 499 875 1527 2672 4677 8186 14325 25069 1ST DIFF 2ND DIFF Fill in the appropriate columns in the table 3 marks What type of relationship does this situation represent HOW DO YOU KNOW 2 marks Is the rate of change increasing decreasing or remaining constant GIVE A REASON FOR YOUR ANSWER 2 marks 3 Lisa Carr purchases a truck 55200 and plans to pay for the vehicle through the dealership s financing plan She makes monthly payments on this balance for 5 years and the financing rate is 5 20 compounded monthly What will Lisa s monthly payments need to be to pay off her balance in 5 years 3 marks 14 Marks APPLICATION 4 Rick O Shay has weekly payments of 85 over the next 5 years on his student loan The interest rate on the loan is 9 36 compounded weekly How much is his loan worth NOW 4 marks
2 In a small rural town city hall kept records on the number of cell phone users in the town Their results are shown below a b C I Q YEAR 2001 2002 2003 2004 2005 2006 2007 2008 NO OF USERS 499 875 1527 2672 4677 8186 14325 25069 1ST DIFF 2ND DIFF Fill in the appropriate columns in the table 3 marks What type of relationship does this situation represent HOW DO YOU KNOW 2 marks Is the rate of change increasing decreasing or remaining constant GIVE A REASON FOR YOUR ANSWER 2 marks 3 Lisa Carr purchases a truck 55200 and plans to pay for the vehicle through the dealership s financing plan She makes monthly payments on this balance for 5 years and the financing rate is 5 20 compounded monthly What will Lisa s monthly payments need to be to pay off her balance in 5 years 3 marks 14 Marks APPLICATION 4 Rick O Shay has weekly payments of 85 over the next 5 years on his student loan The interest rate on the loan is 9 36 compounded weekly How much is his loan worth NOW 4 marks
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