# application of derivative

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With a yearly inflation rate of 7%, prices are given by P=p(1.05)^t, where p is the price in dollars when t=0 and t is the time in years. Suppose p=1. How fast (in cents/ year) are prices rising when t=12?

Find f'(x) and f''(x) if f(x)=(4x^2+12)(3x-1)

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derivatives

With a yearly inflation rate of 7%, prices are given by P=p(1.05)^t, where p is the price in dollars when t=0 and t is the time in ...

#### Solution Summary

It shows how to find the derivatives of the functions. It also shows how to find the inflation rate using derivative. The solution is detailed and well organized.

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