(1 point) If 1300 dollars is invested at an annual interest rate r compounded monthly, the...
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(1 point) If 1300 dollars is invested at an annual interest rate r compounded monthly, the amount in the account at the end of 3 years is given by 36 1 A = 1300 12 Find the rate of change of the amount A with respect to the rate r for the following values of r: r= 4.5 percent: T= 6.5 percent: (1 point) If 1300 dollars is invested at an annual interest rate r compounded monthly, the amount in the account at the end of 3 years is given by 36 1 A = 1300 12 Find the rate of change of the amount A with respect to the rate r for the following values of r: r= 4.5 percent: T= 6.5 percent:
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A 1800 1 we find the derivative wsit d A 1300 1 rss 1 ep dA 13001j0 ... View the full answer
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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