Solution) Compound interest: You deposit $1000 in an account with an annual interest rate of r (in decimal for
Question: Compound interest: You deposit $1000 in an account with an annual interest rate of r (in decimal form) compounded monthly. At the end of 5 years, the balance is
.
Find the rate of change of A with respect to r when (a) r = 0.08, (b) r = 0.10, and (c) r = 0.12.
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Answer: The answer consists of 1 page
Deliverables: Word Document![](/images/msword.png)
Deliverables: Word Document
![](/images/msword.png)