any suggestions?

justdontgetit

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Sep 23, 2005
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After investing $1000 at an annual interest rate of 7% compounded continuously for t years, your balance is $B, where B = f(t). What are the units of dB / dt? What is the functional interpretation of dB/dt?


Suppose C(r) is the total cost of paying off a car loan borrowed at an annual interest rate of r%. What are the units of C'(r)? What is the practical meaning of C'(r)?
 
1) What are the units on B? What are the units on t? So what would be the units on (change in B)/(change in t)? What overall change is being measured?

2) Similar comments.

Eliz.
 
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