The balance, $B, in a bank account t years after a deposit of $5000 is given by B =

Chapter 3, Problem 50

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The balance, $B, in a bank account t years after a deposit of $5000 is given by B = 5000e0.08t. At what rate is the balance in the account changing at t = 5 years? Use units to interpret your answer in financial terms.

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