Question
A Taylor polynomial (centered at a) of f(x) can approximate values of f(r) near a. Explain why the Taylor polynomial is a better approximation
A Taylor polynomial (centered at a) of f(x) can approximate values of f(r) near a. Explain why the Taylor polynomial is a better approximation than simply the tangent line of f(x) at a? That is, what qualities does a Taylor polynomial have that the tangent line does not necessarily have?
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Fundamentals of Corporate Finance
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