You deposit $1,000 in an account with an annual interest rate of change r (in decimal form) compounded monthly. At the end of 4 years, the balance is
. Find the rate of change of A with respect to r when
. Round your answer to two decimal places.
?
A. $1,375.67
B. $65,594.67
C. $114.64
D. $5,466.22
E. $5,430.02
Answer: D
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