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MYLAB MATH WITH PEARSON ETEXT -- 18 WEE
- The formula for the amount A in an investmentaccount with a nominal interest rate r at any timet is given by A(t)=a(e)rt, where a is the amount ofprincipal initially deposited into an account thatcompounds continuously. Prove that the percentageof interest earned to principal at any time t can becalculated with the formula I(t)=ert1.arrow_forwardFor the following exercises, consider the graph of f shown in Figure 15. 17.Estimate the average rate of change from x=2tox=5 .arrow_forwardbThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.arrow_forward
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