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12. If $5000 is deposited in a bank paying r% interest (r = interest rate), the amount 3 years later will be given by A(r) = 5000(1+0.01r)³ Find A'(5) and interpret the answer.

12. If $5000 is deposited in a bank paying r% interest (r = interest rate), the amount 3 years later will be given by A(r) = 5000(1+0.01r)³ Find A'(5) and interpret the answer.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter2: Graphical And Tabular Analysis
Section2.1: Tables And Trends
Problem 1TU: If a coffee filter is dropped, its velocity after t seconds is given by v(t)=4(10.0003t) feet per...
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12. If $5000 is deposited in a bank paying r% interest (r = interest rate), the amount 3 years later will be given by A(r) = 5000 (1 + 0.01r)³ Find A'(5) and interpret the answer.
Transcribed Image Text:12. If $5000 is deposited in a bank paying r% interest (r = interest rate), the amount 3 years later will be given by A(r) = 5000 (1 + 0.01r)³ Find A'(5) and interpret the answer.
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