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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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    https://brainmass.com/math/derivatives/application-derivative-211173

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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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