What is $7.20 aftertax of 4.5%?
1 answer:
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Taking 
and differentiating both sides with respect to 
yields
![\dfrac{\mathrm d}{\mathrm dx}\bigg[3x^2+y^2\bigg]=\dfrac{\mathrm d}{\mathrm dx}\bigg[7\bigg]\implies 6x+2y\dfrac{\mathrm dy}{\mathrm dx}=0](https://tex.z-dn.net/?f=%5Cdfrac%7B%5Cmathrm%20d%7D%7B%5Cmathrm%20dx%7D%5Cbigg%5B3x%5E2%2By%5E2%5Cbigg%5D%3D%5Cdfrac%7B%5Cmathrm%20d%7D%7B%5Cmathrm%20dx%7D%5Cbigg%5B7%5Cbigg%5D%5Cimplies%206x%2B2y%5Cdfrac%7B%5Cmathrm%20dy%7D%7B%5Cmathrm%20dx%7D%3D0)
Solving for the first derivative, we have
Differentiating again gives
![\dfrac{\mathrm d}{\mathrm dx}\bigg[6x+2y\dfrac{\mathrm dy}{\mathrm dx}\bigg]=\dfrac{\mathrm d}{\mathrm dx}\bigg[0\bigg]\implies 6+2\left(\dfrac{\mathrm dy}{\mathrm dx}\right)^2+2y\dfrac{\mathrm d^2y}{\mathrm dx^2}=0](https://tex.z-dn.net/?f=%5Cdfrac%7B%5Cmathrm%20d%7D%7B%5Cmathrm%20dx%7D%5Cbigg%5B6x%2B2y%5Cdfrac%7B%5Cmathrm%20dy%7D%7B%5Cmathrm%20dx%7D%5Cbigg%5D%3D%5Cdfrac%7B%5Cmathrm%20d%7D%7B%5Cmathrm%20dx%7D%5Cbigg%5B0%5Cbigg%5D%5Cimplies%206%2B2%5Cleft%28%5Cdfrac%7B%5Cmathrm%20dy%7D%7B%5Cmathrm%20dx%7D%5Cright%29%5E2%2B2y%5Cdfrac%7B%5Cmathrm%20d%5E2y%7D%7B%5Cmathrm%20dx%5E2%7D%3D0)
Solving for the second derivative, we have
Now, when
and 
, we have
Solving for the first derivative, we have
Differentiating again gives
Solving for the second derivative, we have
Now, when