Eric has $100,000 in savings account.The interest rate is 8 % per year and is not compounded.To the nearest Dollar,how much will
1 answer:
You might be interested in
Answer:
Step-by-step explanation:
We have:
And we want to find B’(6).
So, we will need to find B(t) first. To do so, we will take the derivative of both sides with respect to x. Hence:
We can move the constant outside:
Now, we will utilize the product rule. The product rule is:
We will let:
Then:
(The derivative of u was determined using the chain rule.)
Then it follows that:
Therefore:
By simplification:
So, the slope of the tangent line to the point (6, B(6)) is -28.17.