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[Solution] The sum of $5000 is deposited in an account paying r% interest compounded annually. After five years, the value of the account is given by A(r)=5000(1+0.01r)^5

Question: The sum of $5000 is deposited in an account paying r% interest compounded annually. After five years, the value of the account is given by

\[A\left( r \right)=5000{{\left( 1+0.01r \right)}^{5}}\]

Evaluate A(6) and A’(6). What do your answers represent?

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[Solution] The sum of $5000 is deposited in an account paying r% interest compounded annually. After five years, the value of the account is given by A(r)=5000(1+0.01r)^5

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