A bank account yields 7 percent interest, compounded annually. If you deposit $1,000 in the account, what will the account balan
1 answer:
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Answer:
Option 1.1
Step-by-step explanation:
The linearization of a curve implies the use of calculus to find the local value for the derivative and approximating the function by the use of the formula
The function is given in such way that it's much easier to find the derivative by implicit differentiation than isolating any of the variables
Differentiating with respect to x, we have
Computing y' in the given point (3,1) we have
4(3)(1)+2(9)y'+y'=2
The function will be approximated with the expression
To find the approximate value for x=2.8
The correct value is the option 1.1