The interest rates charged by Madison Finance on auto loans for used cars over a certain nine- month period in 2014 are

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The Interest Rates Charged By Madison Finance On Auto Loans For Used Cars Over A Certain Nine Month Period In 2014 Are 1 (32.99 KiB) Viewed 53 times

The interest rates charged by Madison Finance on auto loans for used cars over a certain nine- month period in 2014 are approximated by the function r(t) = -(1/12)t^3 + (7/8)t^2 - 3t + 12, where t is in months (t = 0 through t = 9) and r(t) is the annual percentage rate. Based on the definition of "the average value of a function," the average rate on auto loans extended by Madison Finance over the nine-month period is ... 4.88 % 09.00% O 6.00% O 6.94%