Exercise IV: Functions of functions If an appliance is used for a total of N hours, then its value V (in hundreds of dollars) is given by the function 2N + 820 2/3 V(N) = N+2 Furthermore, suppose that the total number of hours N that the appliance has been used is based on the number of years t it has been in operation, in such a way that N(t) = 120t – 16t3/2. 1. What is the initial value of the appliance? Give an approximation with two signifi- cant digits. 2. We stop using the appliance after a total of 1000 hours. How many years does this correspond to? You can use a calculator to find this, but give the exact number. What is the value of the appliance at this point? Give an approximation with two significant digits. 3. Find V'(N) in terms of N only. Simplify as much as possible. 4. Find N'(t) in terms of t. 5. Find the instantaneous rate of change of the value function V in terms of t and N(t). 6. At what rate is the value of the appliance changing when we have been using it for 9 years? Give an approximation with two significant digits. Interpret your result.

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Exercise IV: Functions of functions
If an appliance is used for a total of N hours, then its value V (in hundreds of dollars) is
given by the function
2/3
V(N) = (2N + 820)
Furthermore, suppose that the total number of hours N that the appliance has been
used is based on the number of years t it has been in operation, in such a way that
N(t) = 120t – 16t3/2.
1. What is the initial value of the appliance? Give an approximation with two signifi-
cant digits.
2. We stop using the appliance after a total of 1000 hours. How many years does this
correspond to? You can use a calculator to find this, but give the exact number.
What is the value of the appliance at this point? Give an approximation with two
significant digits.
3. Find V'(N) in terms of N only. Simplify as much as possible.
4. Find N'(t) in terms of t.
5. Find the instantaneous rate of change of the value function V in terms of t and
N(t).
6. At what rate is the value of the appliance changing when we have been using it for
9 years? Give an approximation with two significant digits. Interpret your result.
Transcribed Image Text:Exercise IV: Functions of functions If an appliance is used for a total of N hours, then its value V (in hundreds of dollars) is given by the function 2/3 V(N) = (2N + 820) Furthermore, suppose that the total number of hours N that the appliance has been used is based on the number of years t it has been in operation, in such a way that N(t) = 120t – 16t3/2. 1. What is the initial value of the appliance? Give an approximation with two signifi- cant digits. 2. We stop using the appliance after a total of 1000 hours. How many years does this correspond to? You can use a calculator to find this, but give the exact number. What is the value of the appliance at this point? Give an approximation with two significant digits. 3. Find V'(N) in terms of N only. Simplify as much as possible. 4. Find N'(t) in terms of t. 5. Find the instantaneous rate of change of the value function V in terms of t and N(t). 6. At what rate is the value of the appliance changing when we have been using it for 9 years? Give an approximation with two significant digits. Interpret your result.
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