The value of an investment at time t is given by v(t)=1004 to the power t .
Find the percentage rate of change of the worth ?

Question

The value of an investment at time t is given by v(t)=1004 to the power t . 
Find the percentage rate of change of the worth ?

anonymous · Answer

I want an answer please after an hour im submitting it.

anonymous · Answer

any idea ?

anonymous · Answer

anyone ...

anonymous · Answer

$$V(T)= 1004^{t}$$  ??

anonymous · Answer

is it about talking the derivative and then i should multiply it by 100 ?

anonymous · Answer

*taking

anonymous · Answer

rate of change is derivative only

anonymous · Answer

k .. what about the percentage of the change ?

anonymous · Answer

here is the rate of change:
$$v \prime (t) = t 1004^{t-1} $$

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 Then what ....

anonymous · Answer

you have found the derivative wrong

anonymous · Answer

it will be ln1004 x 1004^(t-1)

anonymous · Answer

yeah k .. thanking for mentioning that

anonymous · Answer

its not in 1004 x 1004^(t-1)   .. i think its t ln 1004 

is that true /

anonymous · Answer

im closing this question  ..