Use the Table to Estimate the Rate of Change of Y

question 73

Multiple Choice

Use the table to estimate the rate of change of y at the specified value of x.
- $x= 1 .$
$\begin{array}{c|c}x & \mathrm{y} \\\hline 0 & 0 \\.2 & 0.02 \\.4 & 0.08 \\.6 & 0.18 \\.8 & 0.32 \\0 & 0.5 \\.2 & 0.72 \\.4 & 0.98\end{array}$

• A) \(1.5\)
• B) 2
• C) \(0.5\)
• D) 1

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Definitions:

Forward Exchange Rate

The agreed upon exchange rate for a currency pair to be traded at a future date, used in hedging and speculation.

Spot Exchange Rate

The current price for which one currency can be exchanged for another.

Foreign Exchange Market

A global marketplace for exchanging national currencies against one another.

Canadian Dollars

In Canada, the national currency is indicated by CAD or C$.