(For Economists). Per Mayvelin Caraballo of The Manila Times last September 20, 2021 digital edition, it was reported that the actual foreign debt of the Philippines was Php 101.2 billion. Imagine that such amount shall incur an interest rate of r % compounded quarterly. Let us assume further that at the end of 5 years the balance in the account is given by the model below. What would be the rate of change of A with respect to r (per percentage point) for the following rates of 8%, 10% and 12%? A = 101.2 [1+ (r/400) ]2⁰
(For Economists). Per Mayvelin Caraballo of The Manila Times last September 20, 2021 digital edition, it was reported that the actual foreign debt of the Philippines was Php 101.2 billion. Imagine that such amount shall incur an interest rate of r % compounded quarterly. Let us assume further that at the end of 5 years the balance in the account is given by the model below. What would be the rate of change of A with respect to r (per percentage point) for the following rates of 8%, 10% and 12%? A = 101.2 [1+ (r/400) ]2⁰
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 3SE: The Oxford Dictionary defines the word nominal asa value that is “stated or expressed but...
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![PA-3 (For Economists). Per Maxvelin Caraballo of The Manila Times last September 20,
2021 digital edition, it was reported that the actual foreign debt of the Philippines
was Php 101.2 billion. Imagine that such amount shall incur an interest rate of r %
compounded quarterly. Let us assume further that at the end of 5 years the balance
in the account is given by the model below. What would be the rate of change of A
with respect to r (per percentage point) for the following rates of 8%, 10% and
12%?
A = 101.2 [1 + (r/400) ]2⁰](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3bb9597f-eed1-48a2-b944-5767217d745b%2F17b571cb-4cca-4d53-beb6-adffcdfa136c%2Ff8gkc2k_processed.png&w=3840&q=75)
Transcribed Image Text:PA-3 (For Economists). Per Maxvelin Caraballo of The Manila Times last September 20,
2021 digital edition, it was reported that the actual foreign debt of the Philippines
was Php 101.2 billion. Imagine that such amount shall incur an interest rate of r %
compounded quarterly. Let us assume further that at the end of 5 years the balance
in the account is given by the model below. What would be the rate of change of A
with respect to r (per percentage point) for the following rates of 8%, 10% and
12%?
A = 101.2 [1 + (r/400) ]2⁰
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