12. If $5000 is deposited in a bank paying r% interest (r = interest rate), the amount 3 years later will be given by A(r) = 5000(1+0.01r)³ Find A'(5) and interpret the answer.
12. If $5000 is deposited in a bank paying r% interest (r = interest rate), the amount 3 years later will be given by A(r) = 5000(1+0.01r)³ Find A'(5) and interpret the answer.
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.CR: Review Problem Set
Problem 56CR
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