Business
Business, 06.07.2019 04:20, Ezonthekid

If an ira is a variable-rate investment for 25 years at rate r percent per year, compounded monthly, then the future value s that accumulates from an initial investment of $1000 is s = 1000 1 + 0.01r 12 300 . what is the rate of change of s with respect to r and what does it tell us if the interest rate is as follows? (round your answers to two decimal places.)

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