For selected years from 1978 to 2000, the number of mutual funds N, excluding money market funds, can be modeled by where t is the number of years past 1975. Find and interpret the rate of change of the number of mutual funds in 1995. Round your answer to one decimal places.
A) The number of mutual funds have increased from the previous year by 271.7.
B) The number of mutual funds have increased from the previous year by 444.6.
C) The number of mutual funds have increased from the previous year by 393.1.
D) The number of mutual funds have increased from the previous year by 307.3.
E) The number of mutual funds have increased from the previous year by 727.5.

Question

For selected years from 1978 to 2000, the number of mutual funds N, excluding money market funds, can be modeled by  where t is the number of years past 1975. Find and interpret the rate of change of the number of mutual funds in 1995. Round your answer to one decimal places. ​
A) The number of mutual funds have increased from the previous year by 271.7. 
B) The number of mutual funds have increased from the previous year by 444.6. 
C) The number of mutual funds have increased from the previous year by 393.1. 
D) The number of mutual funds have increased from the previous year by 307.3. 
E) The number of mutual funds have increased from the previous year by 727.5.

Quizplus · Accepted Answer

The Answer of For selected years from 1978 to 2000, the number of mutual funds N, excluding money market funds, can be modeled by  where t is the number of years past 1975. Find and interpret the rate of change of the number of mutual funds in 1995. Round your answer to one decimal places. ​
A) The number of mutual funds have increased from the previous year by 271.7. 
B) The number of mutual funds have increased from the previous year by 444.6. 
C) The number of mutual funds have increased from the previous year by 393.1. 
D) The number of mutual funds have increased from the previous year by 307.3. 
E) The number of mutual funds have increased from the previous year by 727.5.

For Selected Years from 1978 to 2000, the Number of Mutual