Question

From 1982to 2006, the number B of federally insured banks could be approximated by B ( t ) = − 323t + 13762 B(t)=-323t+13762. Where t is the year and t=0 corresponds to 1982. Find slope? A. -323

B. 13762

C. 323

D. 1982

Answer 1

The slope of the equation is -323, which means the number of federally insured banks decreases by 323 every year.

Step-by-step explanation:

The equation given for the number of federally insured banks from 1982 to 2006 is:

B(t) = -323t + 13762

The slope of this equation represents the rate at which the number of federally insured banks is changing over time. In this case, the slope is -323, which means that for every one year that passes, the number of federally insured banks decreases by 323. So the correct answer is A. -323.