An initial amount of $2000 is invested in an account at an interest rate of 5% per year, compounded continuously. Find the amoun
t in the account
years. Round your answer to the nearest cent.
years. Round your answer to the nearest cent.
2 answers:
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Hello!
Find the coordinate where x = -1:
At x = -1, y = 1, so the coordinate is (-1, 1).
Find the coordinate where x = 2:
At x = 2, y = -2, so the coordinate is (2, -2).
Find the rate of change between the points using the slope formula:
Plug in the coordinates above:
Simplify:
Thus, the rate of change between the points is -1.
