The future value that accrues when $900 is invested at 9%, compounded continuously, is S(t) = 900e0.09t where t is the number of years. (Round your answers to the nearest cent.) (a) At what rate is the money in this account growing when t = 4? per year (b) At what rate is it growing whent = 10? per year

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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The future value that accrues when $900 is invested at 9%, compounded continuously, is
S(t) = 900e0.09t
where t is the number of years. (Round your answers to the nearest cent.)
(a) At what rate is the money in this account growing when t = 4?
per year
(b) At what rate is it growing when t = 10?
$
per year
Transcribed Image Text:The future value that accrues when $900 is invested at 9%, compounded continuously, is S(t) = 900e0.09t where t is the number of years. (Round your answers to the nearest cent.) (a) At what rate is the money in this account growing when t = 4? per year (b) At what rate is it growing when t = 10? $ per year
Suppose that the supply of x units of a product at price p dollars per unit is given by the following.
p = 20 + 30 In(4x + 1)
(a) Find the rate of change of supply price with respect to the number of units supplied.
dp
dx
(b) Find the rate of change of supply price when the number of units is 31.
$
(c) Approximate the price increase associated with the number of units supplied changing from 31 to 32.
$
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DETAILS
HARMATHAP12 11.3.001.NVA
MY NOTES
Find dy/dx at the given point without first solving for y.
x2 - 7y – 29 = 0 at (1, –4)
dy
dx
Transcribed Image Text:Suppose that the supply of x units of a product at price p dollars per unit is given by the following. p = 20 + 30 In(4x + 1) (a) Find the rate of change of supply price with respect to the number of units supplied. dp dx (b) Find the rate of change of supply price when the number of units is 31. $ (c) Approximate the price increase associated with the number of units supplied changing from 31 to 32. $ Need Help? Read It Watch It [-/1 Points] DETAILS HARMATHAP12 11.3.001.NVA MY NOTES Find dy/dx at the given point without first solving for y. x2 - 7y – 29 = 0 at (1, –4) dy dx
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