Question: 1. (3.1) What is the Continuous Compounded Interest Formula used for and why? What number is important for this formula? 2. (3.2) How do we

1. (3.1) What is the Continuous Compounded Interest Formula used for and why? What number is important for this formula? 2. (3.2) How do we nd the rate of change of an exponential or logarithmic function? Give an application example as to why this would be useful. 3. (3.3) Given a function that is differentiable, explain how to nd the value(s) of x where the tangent line is horizontal. 4. (3.4) What type of function do we apply the Chain Rule to and explain why. 5. (3.5) Why and when do we need Implicit Differentiation? 6. (3.6) Give an application example of when we would use Implicit Differentiation

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