Concept explainers
Continuous Compounding A certain investment is subject to continuous compounding. The value of the investment after t years is given by
a. Make a graph of the value of the investment over the first 20 years.
b. Is the graph concave up or concave down?
Explain in practical terms what the concavity means.
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Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
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