You plan to invest in an account which pays 4% compounded continuously. If the investment period is for 11 years, then A(P) = Pe 0.04 - 11 =Pe0.44 gives the total balance of P dollars, Find a formula for A'(P). Find and interpret A'(8000). Compare the approximation to the actual change. a. b. C. a. A'(P) =. b. A'(8000) = Interpret A'(8000) = 1.55 O A. The future value of a 11 year investment of $8001 will be $ more than the future value of a 11 year investment of $8000. O B. The future value of 11 year investment of $8000 at 5% will be $ more than the future value of a 11 year investment of $4000 at 4%. O C. The future value of a 12 year investment of $8001 will be $ more than the future value of a 12 year investment of $8000. O D. The future value of a 12 year investment of $8000 will be $ more than the future value of a 12 year investment of $8000.

You plan to invest in an account which pays 4% compounded continuously. If the investment period is for 11 years, then A(P) = Pe 0.04 - 11 =Pe0.44 gives the total balance of P dollars, Find a formula for A'(P). Find and interpret A'(8000). Compare the approximation to the actual change. a. b. C. a. A'(P) =. b. A'(8000) = Interpret A'(8000) = 1.55 O A. The future value of a 11 year investment of $8001 will be $ more than the future value of a 11 year investment of $8000. O B. The future value of 11 year investment of $8000 at 5% will be $ more than the future value of a 11 year investment of $4000 at 4%. O C. The future value of a 12 year investment of $8001 will be $ more than the future value of a 12 year investment of $8000. O D. The future value of a 12 year investment of $8000 will be $ more than the future value of a 12 year investment of $8000.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Concept explainers

Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.

Question

You plan to invest in an account which pays 4% compounded continuously.
If the investment period is for 11 years, then A(P) = Pe 0.04 · 11 = Pe0.44 gives the total balance of P dollars.
%3D
Find a formula for A'(P).
Find and interpret A'(8000).
Compare the approximation to the actual change.
a.
b.
C.
a. A (P) = Εi.
b. A'(8000) =
Interpret A'(8000) = 1.55
O A. The future value of a 11 year investment of $8001 will be $
more than the future value of a 11 year investment of $8000.
O B. The future value of 11 year investment of $8000 at 5% will be $
more than the future value of a 11 year investment of $4000 at 4%.
O C. The future value of a 12 year investment of $8001 will be $
more than the future value of a 12 year investment of $8000.
O D. The future value of a 12 year investment of $8000 will be $
more than the future value of a 12 year investment of $8000.

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