The average monthly rent for a 1000-sq-ft apartment in a major metropolitan area from 1998 through 2005 can be approximated by the function below wheret is the time in years since the beginning of 1998. Find the value of t when rents were increasing most rapidly. Approximately when did this occur? f(t) = 1.6079t - 21.013t° + 62.21 + 6.0865t + 1046 The rents were increasing most rapidly when t = Do not round until the final answer. Then round to three decimal places as needed.) he rents were increasing most rapidly during the year

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter3: Functions
Section3.3: More On Functions; Piecewise-defined Functions
Problem 99E: Determine if the statemment is true or false. If the statement is false, then correct it and make it...
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B.
There are Ho
There is a relative (1)
at the smaller critical number.
There is a relative (2)
at the larger critical number.
maximum
O minimum
(1) O maximum
(2)
minimum
The average monthly rent for a 1000-sq-ft apartment in a major metropolitan area from 1998 through 2005 can be
approximated by the function below where t is the time in years since the beginning of 1998. Find the value of t when rents
were increasing most rapidly. Approximately when did this occur?
f(t) = 1.6079t“ - 21.013t° + 62.21 + 6.0865t + 1046
The rents were increasing most rapidly when t=
Do not round until the final answer. Then round to three decimal places as needed.)
The rents were increasing most rapidly during the year
6/7
emprod.pearsoncmg.com/api/v1/print/math
Transcribed Image Text:B. There are Ho There is a relative (1) at the smaller critical number. There is a relative (2) at the larger critical number. maximum O minimum (1) O maximum (2) minimum The average monthly rent for a 1000-sq-ft apartment in a major metropolitan area from 1998 through 2005 can be approximated by the function below where t is the time in years since the beginning of 1998. Find the value of t when rents were increasing most rapidly. Approximately when did this occur? f(t) = 1.6079t“ - 21.013t° + 62.21 + 6.0865t + 1046 The rents were increasing most rapidly when t= Do not round until the final answer. Then round to three decimal places as needed.) The rents were increasing most rapidly during the year 6/7 emprod.pearsoncmg.com/api/v1/print/math
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