The present value of y dollars after x years at 15% continuous interest is f (x, y)

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The present value of y dollars after x years at 15% continuous interest is f (x, y) = ye-0.15x. Sketch some sample level curves. (Economists call this collection of level curves a discount system.)

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Calculus And Its Applications

ISBN: 9780134437774

14th Edition

Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar

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