You plan to invest in an account which pays 6.5% compounded continuously. If the investment period is for 8 years, then A(P) = Pe0.065 - 8 = Pe 0.52 gives the total balance of P dollars. a. Find a formula for A'(P). b. Find and interpret A'(8000). c. Compare the approximation to the actual change. a. A'(P) = e0.52 (Type an exact answer in terms of e.) b. A'(8000) = 1.68' dollars increased in the total amount per dollar increase in the initial investment (Round to the nearest cent as needed.) Interpret A'(8000) = 1.68 CA. The future value of a 9 year investment of $8000 will be $ more than the future value of a 9 year investment of $8000. O B. The future value of a 9 year investment of $8001 will be $ more than the future value of a 9 year investment of S8000. O C. The future value of 8 year investment of $8000 at 7.5% will be S more than the future value of a 8 year investment of $4000 at 6.5%. D. The future value of a 8 year investment of $8001 will be $ 1.68 more than the future value of a 8 year investment of $8000. c. A(8001) – A(8000) =O dollars per year. (Round to the nearest cent as needed.)

You plan to invest in an account which pays 6.5% compounded continuously. If the investment period is for 8 years, then A(P) = Pe0.065 - 8 = Pe 0.52 gives the total balance of P dollars. a. Find a formula for A'(P). b. Find and interpret A'(8000). c. Compare the approximation to the actual change. a. A'(P) = e0.52 (Type an exact answer in terms of e.) b. A'(8000) = 1.68' dollars increased in the total amount per dollar increase in the initial investment (Round to the nearest cent as needed.) Interpret A'(8000) = 1.68 CA. The future value of a 9 year investment of $8000 will be $ more than the future value of a 9 year investment of $8000. O B. The future value of a 9 year investment of $8001 will be $ more than the future value of a 9 year investment of S8000. O C. The future value of 8 year investment of $8000 at 7.5% will be S more than the future value of a 8 year investment of $4000 at 6.5%. D. The future value of a 8 year investment of $8001 will be $ 1.68 more than the future value of a 8 year investment of $8000. c. A(8001) – A(8000) =O dollars per year. (Round to the nearest cent as needed.)

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

See similar textbooks

Similar questions

Please help me with this, thank-you!
Please answer in simple terms
If the estimated depreciation value on a yacht is S(t) = 98000000(0.9992)t after t years, find the estimated depreciation rate after five years.Round your answer to the nearest cent.
Find the annual percentage yield on a bond earning 6.25% if interest is compounded (A) Monthly (B) Continuously
Suppose you save $7,000.00 in some utopian bank where interest is compounded continuously with an APR of 5%. Use the formula A = Pe", where P is your initial principal, r is the APR expressed as a decimal, t is the number of years you save your principal, and A is the future value of your money, to determine how much money will be in your bank account after 1 years. Please omit the dollar sign and round your answer to the nearest cent. Your Answer: Answer
Find the principal invested (P) of amount (A )invested at rate (r )for (t) years, compounded (n) times per year if A = $10,000, r=6.5%, t=6 , n=12 .
Given the following annually Compounded Interest Balance Function. B(t) = 750 - (1.032) Identify the following. Starting Value = Growth Factor = Growth Rate =
Plz answer both parts in 20 mints it's very urgent