At t years from now, one investment plan will be generating profit at the rate of 50 + t ^ 2 thousand pesos per year , while a second investment plan will be generating profit at the rate of 200 + 5t thousand pesos per year. Determine the net excess profit if you invest in the second plan instead of the first plan up to the time the two plans yield equal profits. 1678500 1786500 1768500 1687500

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 8RE: Suppose an investment account is opened with aninitial deposit of 10,500 earning 6.25...
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At t years from now, one investment plan will be generating profit at the rate of 50 + t ^ 2
thousand pesos per year , while a second investment plan will be generating profit at the rate of 200 + 5t thousand pesos per year. Determine the net excess profit if you invest in the second plan instead of the first plan up to the time the two plans yield equal profits.
1678500
1786500
1768500
1687500

 

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