K An investment of $12,000 earns interest at an annual rate of 7% compounded continuously. Complete parts (A) and (B) below. Click the icon to view the derivatives of exponential and logarithmic functions. (A) Find the instantaneous rate of change of the amount in the account after 2 year(s). $ (Round to two decimal places as needed). (B) Find the instantaneous rate of change of the amount in the account at the time the amount is equal to $12,000. $ (Round to two decimal places as needed).
K An investment of $12,000 earns interest at an annual rate of 7% compounded continuously. Complete parts (A) and (B) below. Click the icon to view the derivatives of exponential and logarithmic functions. (A) Find the instantaneous rate of change of the amount in the account after 2 year(s). $ (Round to two decimal places as needed). (B) Find the instantaneous rate of change of the amount in the account at the time the amount is equal to $12,000. $ (Round to two decimal places as needed).
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 68SE: An investment account with an annual interest rateof 7 was opened with an initial deposit of 4,000...
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