If the national debt of a country (in trillions of dollars) t years from now is given by the indicated function, find the relative rate of change of the debt 12 years from now. (Round your answer to two decimal places.) N(t) = 0.6 + 1.5e^(0.01t) % per year
Added by Stephanie K.
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6 + 1.5e^{0.01t}\) to find \(N(12)\): \[N(12) = 0.6 + 1.5e^{0.01(12)}\] \[N(12) = 0.6 + 1.5e^{0.12}\] \[N(12) = 0.6 + 1.5(1.12749685158)\] \[N(12) = 0.6 + 1.69124527737\] \[N(12) = 2.29124527737\] ** Show more…
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