An investment of $10,000 earns interest at an annual rate of 7% compounded continuously. Complete parts (A) and (B) below. | Click the icon to view the derivatives of exponential and logarithmic functions. (A) Find the instantaneous rate of change of the amount in the account after 1 year(s). $ 750.76° (Round to two decimal places as needed). (B) Find the instantaneous rate of change of the amount in the account at the time the amount is equal to $12,000. S 840.00° (Round to two decimal places as needed).
An investment of $10,000 earns interest at an annual rate of 7% compounded continuously. Complete parts (A) and (B) below. | Click the icon to view the derivatives of exponential and logarithmic functions. (A) Find the instantaneous rate of change of the amount in the account after 1 year(s). $ 750.76° (Round to two decimal places as needed). (B) Find the instantaneous rate of change of the amount in the account at the time the amount is equal to $12,000. S 840.00° (Round to two decimal places as needed).
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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
Transcribed Image Text:An investment of S10,000 earns interest at an annual rate of 7% compounded continuously. Complete parts (A) and (B) below.
Click the icon to view the derivatives of exponential and logarithmic functions.
(A) Find the instantaneous rate of change of the amount in the account after 1 year(s).
$ 750.76 (Round to two decimal places as needed).
(B) Find the instantaneous rate of change of the amount in the account at the time the amount is equal to $12,000.
S 840.00° (Round to two decimal places as needed).
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