Calculus clarification for an Business Student

http://www.math.smith.edu/~rhaas/m114-00/chp4taylor.pdf

first order approx of f(x) is just
f(a) + df/dx(a) * (x-a)

notice that you must know f(a) , usually a=0.
The approx holds for a small neighborhood [x-d,x+d]

You probably just need to get used to the notation and learn more about infinite series.
Taylor series are used pretty much everywhere, they're very basic (maybe too much). You're basically approximating the graph of a function with a polynomial function (usually a straight line), as you can guess it's a horrible approximation except in a very small region of the graph.

>>8496144

Thanks for the reply anon, I will ready that pdf and try to figure this out.

>>8496120
>Business Student
Learn LaTex

Now you understand why it's important to learn basic shit in high-school.

>>8496120
>explain how this derive happened?
>how this derive happened?
>this derive
Horrid math grammar skills bub

>>8496120
[math]Let: \\P=\frac{1}{1-C_y}[/math]
So for what we have [math]Y=P(C_0-C_y T+I_0+G) \\then~ Y=(PC_0-PC_y T+PI_0+PG)[/math]
Your knowlegde of how 0's work goes here after.

Delta is RateofChange (Derivative): [math]\Delta[/math]