A mutual fund is currently valued at $80 per share and its value per share is increasing at a rate of $0.40 a day. Let V=f (t) be the value of the share t days from now.

Express the information given about the mutual fund in terms of f ' (derivitive of f)

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Cooper

26 March, 15:13

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Braxton Fry · Answer 1

V = f (t) = 80 (0.004) ^t

log f (t) = log (80 (0.004) ^t) = log (80) + t log (0.004)

1/f (t) f' (t) = log (0.004)

f (t) = f' (t) / log (0.004)

A mutual fund is currently valued at $80 per share and its value per share is increasing at a rate of $0.40 a day. Let V=f (t) be the value of the share t days from now.Express the information given about the mutual fund in terms of f ' (derivitive of f)