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Problem-the total cost of paying off a car loan borrowed

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Reference no: EM131602343

Question: 1. Suppose C(r) is the total cost of paying off a car loan borrowed at an annual interest rate of r%. What are the units of C'(r)? What is the practical meaning of C'(r)? What is its sign?

2. Let f(x) be the elevation in feet of the Mississippi River x miles from its source. What are the units of f' (x)? What can you say about the sign of f'(x)?

Reference no: EM131602343

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