Jovita Alvarez obtained a personal loan of $3000 at 14% for 24 months. The monthly payment is $144 the balance of the loan after
1 answer:
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Answer:
1.49
Step-by-step explanation:
In order to find the slope of the tangent line to a given equation, and in a given point, we need to:
1. Find the first derivative of the given function.
2. Evaluate the first derivative function in the given point.
1. Let's find the first derivative of the given function:
The original function is
But remeber that the derivative of is
so,
2. Let's evaluate the first derivative function in the given point
The given point is (0.4,1.49) so:
Notice that the calculated slope of the tangent line is equal to the y-coordinate of the given point because f'(x)=f(x). In conclusion, the slope of the tangent line is equal to 1.49.
