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3. (6 points) Suppose a lump sum of cash is deposited in an account with an interest rate of r percent per year compound monthly.

3. (6 points) Suppose a lump sum of cash is deposited in an account with an interest rate of r percent per year compound monthly. A = 5000(1+ 120 1200 Find and interpret the rate of change for this account when interest rate r = 5

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