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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Ch 3.6 #4 Can you help me with this I can’t get the last two correct.
Suppose $17,000 is invested in an aCcount that earns 4.9% interest.
(a) Write an equation for a function V that gives the value of the account after t years if interest is compounded monthly.
.049 \12t
17000 1+
12
V(t) =
(b) Compute V'(3.3). (Round your answer to two decimal places.)
$ 678709.02
X per year
Interpret your answer.
After 3.3 years, the value of the account is increasing at a rate of $
per year.
Transcribed Image Text:Suppose $17,000 is invested in an aCcount that earns 4.9% interest. (a) Write an equation for a function V that gives the value of the account after t years if interest is compounded monthly. .049 \12t 17000 1+ 12 V(t) = (b) Compute V'(3.3). (Round your answer to two decimal places.) $ 678709.02 X per year Interpret your answer. After 3.3 years, the value of the account is increasing at a rate of $ per year.
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