If Y =

question 162

Essay

If y =

,use logarithmic differentiation to find y'.

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Definitions:

Initial Investments

The initial capital outlay required to start a business, purchase assets, or invest in securities.

Income Tax Rate

The tax rate applied to the income of companies or individuals.

After-Tax Discount Rate

A discount rate that takes into account the effect of taxes when evaluating the net present value of investments or projects.

Straight-Line Depreciation

A method of calculating the depreciation of an asset, which evenly spreads the cost over its useful life.