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Applied Calculus for the Manageria...

10th Edition
Soo T. Tan
ISBN: 9781285464640

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Applied Calculus for the Manageria...

10th Edition
Soo T. Tan
ISBN: 9781285464640
Textbook Problem

AILING FINANCIAL INSTITUTIONS Franklin Savings and Loan acquired two ailing financial institutions in 2010. One of them was acquired at time t = T1, and the other was acquired at time t = T2 (t = 0 corresponds to the beginning of 2010). The following graph shows the total amount of money on deposit with Franklin. Explain the significance of the discontinuities of the function at T1 and T2.

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To determine

To explain: The significance of discontinuities of the function at T1 and T2 .

Explanation

The graph in Figure (1) shows the total amount of money on deposit in Millions of dollars for different months, and the interval of 12 months has been divided into three parts.

Figure (1)

In first part, from time t=0 to t=T1 which is a period of three and half months, the company worked as a single company and raised its assets from 250milliondollars to 450milliondollars .

Between the month of March and April 2010 , one company was acquired and the assets of the company got enhanced from 450milliondollars to 600milliondollars

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P-23RECh-2 P-24RECh-2 P-25RECh-2 P-26RECh-2 P-27RECh-2 P-28RECh-2 P-29RECh-2 P-30RECh-2 P-31RECh-2 P-32RECh-2 P-33RECh-2 P-34RECh-2 P-35RECh-2 P-36RECh-2 P-37RECh-2 P-38RECh-2 P-39RECh-2 P-40RECh-2 P-41RECh-2 P-42RECh-2 P-43RECh-2 P-44RECh-2 P-45RECh-2 P-46RECh-2 P-47RECh-2 P-48RECh-2 P-49RECh-2 P-50RECh-2 P-51RECh-2 P-52RECh-2 P-53RECh-2 P-54RECh-2 P-55RECh-2 P-56RECh-2 P-57RECh-2 P-58RECh-2 P-59RECh-2 P-60RECh-2 P-61RECh-2 P-62RECh-2 P-63RECh-2 P-64RECh-2 P-1BMCh-2 P-2BMCh-2 P-3BMCh-2 P-4BMCh-2 P-5BMCh-2 P-6BM

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