Compound Interest: If a sum of $1000 is deposited into an account that pays r% interest compounded q


Question: Compound Interest: If a sum of $1000 is deposited into an account that pays r% interest compounded quarterly, the balance after 12 years is

\[A=1000{{\left( 1+\frac{r}{400} \right)}^{48}}\]

Find an interpret \(\frac{dA}{dr}\) when r = 5.

Price: $2.99
Solution: The solution consists of 1 page
Type of Deliverable: Word Document

log in to your account

Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in