4. The formula A = P(1 + i)" gives the amount, A, of an investment of P dollars after n years at i% per year, compounded annually. a) Determine the first derivative of A. b) At what rate is the amount of investment changing after 10 years?
4. The formula A = P(1 + i)" gives the amount, A, of an investment of P dollars after n years at i% per year, compounded annually. a) Determine the first derivative of A. b) At what rate is the amount of investment changing after 10 years?
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 60SE: The formula for the amount A in an investmentaccount with a nominal interest rate r at any timet is...
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