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With an initial deposit of $100 and an interest rate of 7%, the balance in a bank account after t...

Question:

With an initial deposit of $100 and an interest rate of 7%, the balance in a bank account after t years is f(t) = 100(1.07)t dollars.

Then what are the units of the rate of change of f(t)?

Units Of Derivatives

If {eq}f(t) {/eq} has the units {eq}X {/eq}, then the units of {eq}f'(t) {/eq} is {eq}\frac{X}{\text{units of t}} {/eq}.

Answer and Explanation:

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How to Convert Standard Units of Measure

from Praxis Elementary Education - Multiple Subjects (5001): Practice & Study Guide

Chapter 40 / Lesson 2
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