The future value of $1500 after t years invested at 8% compounded continuously is f(t)1500e0.08t dollars. e0.08 and use the rule for f(x) = b*.) (a) Write the rate-of-change function for the value of the investment. (Hint: Let b dollars per year f'(t) = (b) Calculate the rate of change of the value of the investment after 14 years. (Round your answer to three decimal places.) dollars per year f'(14)
The future value of $1500 after t years invested at 8% compounded continuously is f(t)1500e0.08t dollars. e0.08 and use the rule for f(x) = b*.) (a) Write the rate-of-change function for the value of the investment. (Hint: Let b dollars per year f'(t) = (b) Calculate the rate of change of the value of the investment after 14 years. (Round your answer to three decimal places.) dollars per year f'(14)
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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