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CalculusCalculus: An Applied Approach (MindTap Course List)10th Edition

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Chapter 4, Problem 11RE
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Calculus: An Applied Approach (Min...

10th Edition
Ron Larson
ISBN: 9781305860919

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Calculus: An Applied Approach (Min...

10th Edition
Ron Larson
ISBN: 9781305860919
Textbook Problem
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Property Value A piece of property sells for $55,000. The value of the property doubles every 12 years. A model for the value V of the property t years after the date of purchase is

V ( t )   =   55 , 000 ( 2 ) t / 12 .

Use the model to approximate the value of the property (a) 4 years and (b) 25 years after it is purchased.

(a)

To determine

To calculate: The approximate value of the property after 4 years of purchasing using a model V(t)=55,000(2)t/12 which represents the value of the property after t years of purchasing where a piece of property which is sold for $55,000 and the value doubles every 12 year.

Explanation

Given Information:

The model V(t)=55,000(2)t/12 is used for approximating the value of the property after t years of purchasing where a piece of property which is sold for $55,000 and the value doubles every 12 year.

Calculation:

Consider the model, V(t)=55,000(2)t/12

Evaluate the value of the property after 4 years by substituting t=4

(b)

To determine

To calculate: The approximate value of the property after 25 years of purchasing using a model V(t)=55,000(2)t/12 which represents the value of the property after t years of purchasing where a piece of property which is sold for $55,000 and the value doubles every 12 year.

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Sect-4.1 P-1CPSect-4.1 P-2CPSect-4.1 P-3CPSect-4.1 P-4CPSect-4.1 P-5CPSect-4.1 P-1SWUSect-4.1 P-2SWUSect-4.1 P-3SWUSect-4.1 P-4SWUSect-4.1 P-5SWU
Sect-4.1 P-6SWUSect-4.1 P-7SWUSect-4.1 P-8SWUSect-4.1 P-9SWUSect-4.1 P-10SWUSect-4.1 P-11SWUSect-4.1 P-12SWUSect-4.1 P-13SWUSect-4.1 P-14SWUSect-4.1 P-15SWUSect-4.1 P-16SWUSect-4.1 P-17SWUSect-4.1 P-18SWUSect-4.1 P-1ESect-4.1 P-2ESect-4.1 P-3ESect-4.1 P-4ESect-4.1 P-5ESect-4.1 P-6ESect-4.1 P-7ESect-4.1 P-8ESect-4.1 P-9ESect-4.1 P-10ESect-4.1 P-11ESect-4.1 P-12ESect-4.1 P-13ESect-4.1 P-14ESect-4.1 P-15ESect-4.1 P-16ESect-4.1 P-17ESect-4.1 P-18ESect-4.1 P-19ESect-4.1 P-20ESect-4.1 P-21ESect-4.1 P-22ESect-4.1 P-23ESect-4.1 P-24ESect-4.1 P-25ESect-4.1 P-26ESect-4.1 P-27ESect-4.2 P-1CPSect-4.2 P-2CPSect-4.2 P-3CPSect-4.2 P-4CPSect-4.2 P-5CPSect-4.2 P-1SWUSect-4.2 P-2SWUSect-4.2 P-3SWUSect-4.2 P-4SWUSect-4.2 P-5SWUSect-4.2 P-6SWUSect-4.2 P-7SWUSect-4.2 P-8SWUSect-4.2 P-9SWUSect-4.2 P-10SWUSect-4.2 P-11SWUSect-4.2 P-12SWUSect-4.2 P-1ESect-4.2 P-2ESect-4.2 P-3ESect-4.2 P-4ESect-4.2 P-5ESect-4.2 P-6ESect-4.2 P-7ESect-4.2 P-8ESect-4.2 P-9ESect-4.2 P-10ESect-4.2 P-11ESect-4.2 P-12ESect-4.2 P-13ESect-4.2 P-14ESect-4.2 P-15ESect-4.2 P-16ESect-4.2 P-17ESect-4.2 P-18ESect-4.2 P-19ESect-4.2 P-20ESect-4.2 P-21ESect-4.2 P-22ESect-4.2 P-23ESect-4.2 P-24ESect-4.2 P-25ESect-4.2 P-26ESect-4.2 P-27ESect-4.2 P-28ESect-4.2 P-29ESect-4.2 P-30ESect-4.2 P-31ESect-4.2 P-32ESect-4.2 P-33ESect-4.2 P-34ESect-4.2 P-35ESect-4.2 P-36ESect-4.2 P-37ESect-4.2 P-38ESect-4.2 P-39ESect-4.2 P-40ESect-4.2 P-41ESect-4.2 P-42ESect-4.2 P-43ESect-4.2 P-44ESect-4.2 P-45ESect-4.2 P-46ESect-4.2 P-47ESect-4.2 P-48ESect-4.2 P-49ESect-4.2 P-50ESect-4.2 P-51ESect-4.3 P-1CPSect-4.3 P-2CPSect-4.3 P-3CPSect-4.3 P-4CPSect-4.3 P-5CPSect-4.3 P-6CPSect-4.3 P-1SWUSect-4.3 P-2SWUSect-4.3 P-3SWUSect-4.3 P-4SWUSect-4.3 P-5SWUSect-4.3 P-6SWUSect-4.3 P-7SWUSect-4.3 P-8SWUSect-4.3 P-9SWUSect-4.3 P-10SWUSect-4.3 P-1ESect-4.3 P-2ESect-4.3 P-3ESect-4.3 P-4ESect-4.3 P-5ESect-4.3 P-6ESect-4.3 P-7ESect-4.3 P-8ESect-4.3 P-9ESect-4.3 P-10ESect-4.3 P-11ESect-4.3 P-12ESect-4.3 P-13ESect-4.3 P-14ESect-4.3 P-15ESect-4.3 P-16ESect-4.3 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P-63ESect-4.4 P-64ESect-4.4 P-65ESect-4.4 P-66ESect-4.4 P-67ESect-4.4 P-68ESect-4.4 P-69ESect-4.4 P-70ESect-4.4 P-71ESect-4.4 P-72ESect-4.4 P-73ESect-4.4 P-74ESect-4.4 P-75ESect-4.4 P-76ESect-4.4 P-77ESect-4.4 P-78ESect-4.4 P-79ESect-4.4 P-80ESect-4.4 P-81ESect-4.4 P-82ESect-4.4 P-83ESect-4.4 P-84ESect-4.4 P-85ESect-4.4 P-86ESect-4.4 P-87ESect-4.4 P-88ESect-4.4 P-89ESect-4.4 P-90ESect-4.4 P-91ESect-4.4 P-92ESect-4.4 P-93ESect-4.4 P-94ESect-4.4 P-95ESect-4.4 P-96ESect-4.4 P-97ESect-4.4 P-98ESect-4.5 P-1CPSect-4.5 P-2CPSect-4.5 P-3CPSect-4.5 P-4CPSect-4.5 P-5CPSect-4.5 P-6CPSect-4.5 P-7CPSect-4.5 P-8CPSect-4.5 P-9CPSect-4.5 P-10CPSect-4.5 P-1SWUSect-4.5 P-2SWUSect-4.5 P-3SWUSect-4.5 P-4SWUSect-4.5 P-5SWUSect-4.5 P-6SWUSect-4.5 P-7SWUSect-4.5 P-8SWUSect-4.5 P-9SWUSect-4.5 P-10SWUSect-4.5 P-1ESect-4.5 P-2ESect-4.5 P-3ESect-4.5 P-4ESect-4.5 P-5ESect-4.5 P-6ESect-4.5 P-7ESect-4.5 P-8ESect-4.5 P-9ESect-4.5 P-10ESect-4.5 P-11ESect-4.5 P-12ESect-4.5 P-13ESect-4.5 P-14ESect-4.5 P-15ESect-4.5 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P-4CPSect-4.6 P-1SWUSect-4.6 P-2SWUSect-4.6 P-3SWUSect-4.6 P-4SWUSect-4.6 P-5SWUSect-4.6 P-6SWUSect-4.6 P-7SWUSect-4.6 P-8SWUSect-4.6 P-9SWUSect-4.6 P-10SWUSect-4.6 P-11SWUSect-4.6 P-12SWUSect-4.6 P-1ESect-4.6 P-2ESect-4.6 P-3ESect-4.6 P-4ESect-4.6 P-5ESect-4.6 P-6ESect-4.6 P-7ESect-4.6 P-8ESect-4.6 P-9ESect-4.6 P-10ESect-4.6 P-11ESect-4.6 P-12ESect-4.6 P-13ESect-4.6 P-14ESect-4.6 P-15ESect-4.6 P-16ESect-4.6 P-17ESect-4.6 P-18ESect-4.6 P-19ESect-4.6 P-20ESect-4.6 P-21ESect-4.6 P-22ESect-4.6 P-23ESect-4.6 P-24ESect-4.6 P-25ESect-4.6 P-26ESect-4.6 P-27ESect-4.6 P-28ESect-4.6 P-29ESect-4.6 P-30ESect-4.6 P-31ESect-4.6 P-32ESect-4.6 P-33ESect-4.6 P-34ESect-4.6 P-35ESect-4.6 P-36ESect-4.6 P-37ESect-4.6 P-38ESect-4.6 P-39ESect-4.6 P-40ESect-4.6 P-41ESect-4.6 P-42ESect-4.6 P-43ESect-4.6 P-44ESect-4.6 P-45ESect-4.6 P-46ECh-4 P-1RECh-4 P-2RECh-4 P-3RECh-4 P-4RECh-4 P-5RECh-4 P-6RECh-4 P-7RECh-4 P-8RECh-4 P-9RECh-4 P-10RECh-4 P-11RECh-4 P-12RECh-4 P-13RECh-4 P-14RECh-4 P-15RECh-4 P-16RECh-4 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Creating Polynomial Functions In Exercises 103-106, find a polynomial function f(x)=anxn+an1xn1++a2x2+a1x+a0 th...

Calculus: Early Transcendental Functions (MindTap Course List)

Election Turnout The percentage of the voting-age population who cast ballots in presidential elections from 19...

Finite Mathematics for the Managerial, Life, and Social Sciences

Review Exercises Given: ABCD mA=2x+6 mB=x+24 Find: mC

Elementary Geometry for College Students

Classifying a TriangleIn Exercises 2932, find the lengths of the sides of the triangle with the indicated verti...

Calculus

Evaluating a Definite Integral In Exercises 57-72, evaluate the definite integral. Use a graphing utility to ve...

Calculus (MindTap Course List)

True or False: If f is twice differentiable and x0 is an inflection point for f, then the curvature of f at x0 ...

Study Guide for Stewart's Multivariable Calculus, 8th

Finding the Center of Mass In Exercises 1324, find the mass and center of mass of the lamina bounded by the gra...

Multivariable Calculus

True or False: y′ + xey = ex+y is separable.

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

Use slope-intercept form to write an equation of the line with the given properties. m=a;b=1a.

College Algebra (MindTap Course List)

The national mean annual salary for a school administrator is 90,000 a year (The Cincinnati Enquirer, April 7, ...

STATISTICS F/BUSINESS+ECONOMICS-TEXT

Express the improper fractions in Exercises 15 and 16 as mixed numbers. 15.a. 53 b. 212 c. 98 d. 874 e. 729 f. ...

Mathematics For Machine Technology

In Exercises 9-24, use Figure 3.1 to find the outcome of the bets in roulette, given the results listed. You ma...

Mathematics: A Practical Odyssey

The formula used to calculate a large-sample confidence interval for p is p(zcriticalvalue)p(1p)n What is the a...

Introduction To Statistics And Data Analysis

Define and compute the three measures of central tendency.

Research Methods for the Behavioral Sciences (MindTap Course List)

The following table is a partial probability distribution for the MRA Companys projectedprofits (x = profit in ...

Statistics for Business & Economics, Revised (MindTap Course List)

Suppose a researcher uses a multiple-baseline design to evaluate a therapy to treat two different problem behav...

Research Methods for the Behavioral Sciences (MindTap Course List)

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