Question
Asked Sep 30, 2019
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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)
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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)

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Expert Answer

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a) the rate of change for the va...

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f)15000e ) (t)-(15000e 15000(0.08e08) 1200e.08r

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