You decide to put $100 in a saving account to save for a $3000 down payment on a new car. if the account has an interest rate of
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Answer:
f(2) = $180.22
f'(2) = $130.00/week
f'(2)/f(2) = 72.13%
Two weeks after the DVD was released, the revenue from sales is $180.22 and is increasing at a rate of $130 per week, or 72.13% per week.
Step-by-step explanation:
The revenue from sales, in dollars, as a function of time, in weeks, is given by:
After two weeks (t=2), the revenue from sales is:
The rate of change, which is given by the derivate of the revenue function, at t = 2 weeks is:
The relative rate of change is:
Therefore, Two weeks after the DVD was released, the revenue from sales is $180.22 and is increasing at a rate of $130 per week, or 72.13% per week.