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$1500.00 is deposited in an account with an interest rate of r% per year, compounded monthly. At the end of 8 years,
96
Find the rate of change of A with respect to r when
the balance in the account is given by A= 1500.00 1 +
r is 8.00%.
OA. dA
dr
B. dA
dr
= $120.80 per %
= $225.59 per %
1200
i
Sagot :
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