How fast was the projected percentage of households using


Question: ONLINE BANKING In a study prepared in 2000, the percentage of households using online banking was projected to be

f(t) = 1.5e0.78t          (0 ≤ t ≤ 4)

where t is measured in years, with t 0 corresponding to the beginning of 2000.

a. What was the projected percentage of households using online banking at the beginning of 2003?

b. How fast was the projected percentage of households using online banking changing at the beginning of 2003?

c. How fast was the rate of the projected percentage of households using online banking changing at the beginning of 2003?

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