The rate of change of profit for a company is given by p(t) = 357 e-0.16t thousand dollars per year, t years since 2000, 0s ts 8. Check: p(2)=259.235206235308 p(t) thousand dollars per year t years since 2000 0 1 2 3 4 5 6 7 8 We wish to estimate the area trapped between p(t) and the t -axis fromt = 0 to t = 8 using two midpoint rectangles of equal width. (a) Complete the sigma notation for the area estimation described above by providing the width of each rectangle and the input values used to calculate the height of each rectangle. Area i = 1 where At = t2 = (b) Complete the calculation for the rectangle area estimation described above. Round your answer to 3 decimal places. Area = p(ti)At = i- 1 (c) What are the units for the area estimation described above? O thousand dollars per year O thousand dollars O vears

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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The rate of change of profit for a company is given by p(t) = 357 e-0.16t thousand dollars per year, t years since 2000, 0s t< 8.
Check: p(2)=259.235206235308
p(t) thousand dollars per year
t years since 2000
0 1 2 3 4 5 6 7 8
We wish to estimate the area trapped between p(t) and the t -axis from t = 0 to t = 8 using two midpoint rectangles of equal width.
(a) Complete the sigma notation for the area estimation described above by providing the width of each rectangle and the input values used to calculate the height of each rectangle.
Area
=
i = 1
where
At =
t1 =
t2 =
(b) Complete the calculation for the rectangle area estimation described above. Round your answer to 3 decimal places.
Area
P(t;)At =
i = 1
(c) What are the units for the area estimation described above?
thousand dollars per year
thousand dollars
years
Transcribed Image Text:The rate of change of profit for a company is given by p(t) = 357 e-0.16t thousand dollars per year, t years since 2000, 0s t< 8. Check: p(2)=259.235206235308 p(t) thousand dollars per year t years since 2000 0 1 2 3 4 5 6 7 8 We wish to estimate the area trapped between p(t) and the t -axis from t = 0 to t = 8 using two midpoint rectangles of equal width. (a) Complete the sigma notation for the area estimation described above by providing the width of each rectangle and the input values used to calculate the height of each rectangle. Area = i = 1 where At = t1 = t2 = (b) Complete the calculation for the rectangle area estimation described above. Round your answer to 3 decimal places. Area P(t;)At = i = 1 (c) What are the units for the area estimation described above? thousand dollars per year thousand dollars years
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