0
10
A
B
100
500
d (m)
t (s)
152 CHAPTER 2
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Linear Functions and Models
25. Currency Exchange Rates The euro was introduced in 1990 as a common currency
for twelve member countries of the European Union. The table in the margin shows the
value of the euro in U.S. dollars on the first business day of each year from 1999 to
2008.
(a) Draw a scatter plot of the data.
(b) Find the average rate of change of the value of the euro in U.S. dollars between the
following years: (i) 1999 and 2008 (ii) 2002 and 2006 (iii) 2005 and 2008
(c) Use the scatter plot to find the year in which the value of the Euro experienced the
largest average rate of increase in terms of the U.S. dollar.
26. Rate of Increase of an Investment Julia invested $500 in a mutual fund on June 30,
2000, using a generous high school graduation gift from her aunt. Every June 30th she
records the amount in the fund. In early 2001 the stock market crashed, and by June 30
that year Julia’s investment had lost half its value. Over the course of the next year the
fund again lost half its value, but in 2003 its value tripled. The value of the mutual fund
continued to increase, and by June 30, 2006, Julia’s investment was worth $600. By
June 2007 the mutual fund had a 30% increase, that is, it increased by 30% of its value
on June 30, 2006. The value of Julia’s mutual fund is a function where t is the year.
(a) Find A(2000), A(2001), A(2002), A(2003), A(2006), and A(2007).
(b) Find the annual average rate of change of the function A between 2000 and 2007.
(c) Draw a scatter plot of A using your data from part (a).
(d) Which is greater: the annual rate of change of A between 2002 and 2003 or
between 2003 and 2006?
27. Speed Skating At the 2006 Winter Olympics in Turin, Italy, the United States won
three gold medals in men’s speed skating. The graph in the margin shows distance as a
function of time for two speed skaters racing in a 500-meter event.
(a) Who won the race?
(b) Find the average speed during the first 10 seconds for each skater.
(c) Find the average speed during the last 15 seconds for each skater.
28. 100-Meter Race A 100-meter race ends in a three-way tie for first place. The graph
shows distance as a function of time for each of the three winners.
(a) Find the average speed for each winner.
(b) Describe the differences in the way the three runners ran the race.
A 1t 2
t (s)
d (m)
0
5
A
C
10
50
100
B
29. Phoenix Mars Lander On August 4, 2007, NASA’s Phoenix Mars Lander was
launched into space to search for life in the icy northern region of the planet Mars; it
touched down on Mars on May 25, 2008. As the ship raced into space, its jet fuel tanks
dropped off when they were used up. The distance one of the tanks falls in t seconds is
modeled by the function
s 1t2= 16t
2
Year Value (U.S. $)
1999 0.86
2000 1.01
2001 0.94
2002 0.89
2003 1.05
2004 1.26
2005 1.35
2006 1.18
2007 1.32
2008 1.46
Value of the Euro in
U.S. dollars