If $1,100 is invested at an annual interest rate compounded monthly, the amount in the account at the end of 3 years is
Posted: Sat Jul 09, 2022 3:34 pm
If $1,100 is invested at an annual interest rate compoundedmonthly, the amount in the account at the end of 3 years is givenby:
A=1100(1+1/12r)^36
Find the rate of change of quantity A with respect to rate r forthe following values of r: r=3
A=1100(1+1/12r)^36
Find the rate of change of quantity A with respect to rate r forthe following values of r: r=3