If a sum of $1000 is deposited into an account that pays r% interest compounded continuously, the

Question:

If a sum of $1000 is deposited into an account that pays r% interest compounded continuously, the balance after 12 years is given by A = 1000e^12r/100.

Find and interpret dA/dr when r = 5.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Calculus With Applications

ISBN: 9780135871348

12th Edition

Authors: Margaret L. Lial

See More Books

Question Posted: Jan 04, 2023 01:52 AM

See More Questions

If a sum of money is deposited into an account that pays r% interest compounded annually, the doubling time (in years) is given by Find and interpret dT/dr when r = 5. T = In 2 In(1 + r/100)
Suppose that $1,000 is deposited into an account that yields 0.85% interest, compounded annually. How much money will be in that account at the end of 4 years?
If Kelly deposits $10,000 into an account that pays 8 percent interest, compounded annually, and she makes no further deposits or withdrawals,how much will Kelly have in her account at the end of 5...
Split the number 750 into two numbers x and y so that the sum of 8% of the first number and 24% of the second number is 11.2% of the sum of x and y.
Discuss how slower economic growth or no economic growth would affect your college communityin particular, its marketing institutions.
1.)Charter Sports Equipment manufactures round, rectangular, and octagonal trampolines. Sales and expense data for the past month follow: Management is concerned about the continued losses shown by...
Now look at the latest trends as analyzed in the last section. Why, in your opinion, are Greenfield investments are on the rise? Which other novelties can be expected in the coming years regarding...
The Village of Delmar is preparing its government- wide statement of activities for the year ended December 31, 2013. Analysis of the data accumulated thus far shows the following expenses for each...
Use the unadjusted trial balance of Electric Bike on December 31, 2020 Credit Debit $9,100 23,665 35,600 2,915 375 4.255 85,490 $ 14,655 9.000 0 186,465 Cash Accounts receivable Merchandise Inventory...
Complete an SFAS Matrix and a TOWS Matrix on your Strategic Audit firm using your EFAS Start with your EFAS and IFAS assignments. O Make all corrections to these assignments. The SFAS matrix is to...
The distance from Belmar the cat to a piece of string he is stalking is given in feet by where t is the time in seconds since he begins. (a) Find Belmars average velocity between 1 second and 3...
The U.S. dollar has been declining in value over the last century, except during the Great Depression, when it increased in value. The following table shows the number of dollars it took in various...
A football player signed an $\$ 11$ million 10 -year contract package with a football team he joined recently. Based on this contract, the football player will receive the following benefits; his...
1. Write short notes on Discrete Cosine Transform (DCT) 2. Describe Fast Fourier Transform 3. Write short notes on the Hotelling transform
1Explain Discrete Fourier Transform in detail. 2. Explain the Properties of 2D discrete Fourier Transform 3. Discuss Hadamard's transformation in detail
1. Specify the objective of image enhancement technique. 2. List the 2 categories of image enhancement. 3. What is the purpose of image averaging? 4. What is meant by masking? 5. Define histogram.
6. What is meant by histogram equalization? 7. Differentiate linear spatial filter and non-linear spatial filter. 8. Give the mask used for high boost filtering. 9. What is meant by a laplacian...
11. What do you mean by Point processing? 12. Define Derivative filter? 13. Define spatial filtering 14. What is a Median filter? 15. What is maximum filter and minimum filter? 16. Write the...
The following transactions apply to Ritter Co. for Year 1: 1. Received $40,000 cash from the issue of common stock. 2. Purchased inventory on account for $128,000. 3. Sold inventory for $200,000 cash...
Evaluate each logarithm to four decimal places. log 0.257
Use the determinant theorems to evaluate each determinant. |7 -3 -6 2
Use the determinant theorems to evaluate each determinant. |1 6 7
Use the determinant theorems to evaluate each determinant. 4 2 4
Docs Auto Body has budgeted the costs of the following repair time and parts activities for 2009: Doc's budgets 6,000 hours of repair time in 2009. A profit margin of $7 per labour hour will be added...
QUESTION 28 In a perpetual inventory system, the cost of inventory sold is: Debited to accounts receivable. Debited to cost of goods sold. O Not recorded at the time goods are sold. O Credited to...
The following financial statements and additional information are reported. IKIBAN INC. Comparative Balance Sheets June 30, 2019 and 2018 2019 2018 $105,709 69,500 66,800 4,700 246,700 127,eee...

If a sum of $1000 is deposited into an account that pays r% interest compounded continuously, the

Question:

Step by Step Answer:

The balance increases by approxima...View the full answer

Calculus With Applications

Students also viewed these Mathematics questions