Consider the derivative of the formula R=100v−1. What is the meaning of the statement R′(125)≈0.004 ? If the value of
Posted: Thu Jul 14, 2022 4:40 pm
Consider the derivative of the formula R=100v−1. What is the meaning of the statement R′(125)≈0.004 ? If the value of the gold (or other asset) is $126 rather than $125 after two years, the annual rate of retum is higher by 4/10 of a percent. If the value of the gold (or other asset) is $125 after two years, the annual rate of return is 4 percent. If the value of the gold (or other asset) is rising with a slope of 125 every twoyears, the annual rate of return has a slope of 4 .