Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. the values of certain types of collectibles can of

The values of certain types of collectibles can often fluctuate greatly over time. Suppose that the...

50.1K

Verified Solution

Question

Basic Math

The values of certain types of collectibles can often fluctuategreatly over time. Suppose that the value of a particular limitededition figurine is found to be able to be modeled by thefunction

?(?) = ?0.01?4 + 0.47?3 ?7.96?2 + 49.18? + 65 for 0 ? ? ? 20 where ?(?) is indollars, t is the number of years after the figurine was released,and ? = 0 corresponds to the year 1999.

a) What was the value of the figurine in the year 2009?

b) What was the value of the figurine in the year 2019?

c) What was the instantaneous rate of change of the value of thefigurine in the year 2002?

d) What was the instantaneous rate of change of the value of thefigurine in the year 2019?

e) Use your answers from parts a-d to estimate the value of thefigurine in 2020.

Answer & Explanation Solved by verified expert
4.1 Ratings (801 Votes)
Solution is attached    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

1 Sketch a graph of the function f x 5 cos 2 4 4 327...

Basic Math
1.2K views

Compute 5 5 213

Accounting
1.2K views

A decision maker who uses the Maximin criteria to make decisions would be classified as:...

Accounting
1.2K views

Please answer all steps as this is all one question! Will upvote!! The following amortization...

Accounting
1.2K views

What is the net present value of a project with the following cash flows and...

Accounting
1.2K views

-/1

Accounting
1.2K views

Which statement is most accurate as it relates to ethics and Management can avoid ethical...

Accounting
1.2K views

Perez Books buys books and magazines directly from publishers and distributes them to grocery stores....

Accounting
1.2K views

Hodios Limited budgeted for a profit before interest and tax of $55,000 for the month...

Accounting
1.2K views

Shawn invests $125,000 cash and $70,000 Equipment to form partnership of NH CableSource. The Equipment...

Finance
1.2K views

Your company has been approached to bid on a contract to sell 4,800 voice recognition...

Finance
1.2K views

Consider the situation where you are allowed to short sell shares in an asset against...