Instantaneous Rate of Change & the Tangent Line

Practice: Instantaneous Rate of Change & the Tangent Line

An investment builds interest annually and is modeled by the function P=1050(1.02)tP=1050(1.02)^t. Estimate the instantaneous rate of change using the difference quotient at t=10t=10 for the following value of hh. Round answers to the nearest hundredth when required.



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