An investment of $9,000 earns interest at an annual rate of 6.5% compounded continuously. Complete A and B. (A) find the instantaneous rate of change of the amount in the account after 3 year(s). (Round to two decimal places as needed) (B) find the instantaneous rate of change of the amount in the account at the time the amount is equal to $13,000. (Round to two decimal places as needed)

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...
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An investment of $9,000 earns interest at an annual rate of 6.5% compounded continuously. Complete A and B.

(A) find the instantaneous rate of change of the amount in the account after 3 year(s). (Round to two decimal places as needed)

(B) find the instantaneous rate of change of the amount in the account at the time the amount is equal to $13,000. (Round to two decimal places as needed)

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