An investment of $10,000 earns interest at an annual rate of 8% 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 3 year(s). $ (Round to two decimal places as needed).

An investment of $10,000 earns interest at an annual rate of 8% 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 3 year(s). $ (Round to two decimal places as needed).

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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