Consider the function R(t) as representing the value of an ounce of palladium in U.S. dollars as a function of the time t in days.t R(t) = 200 + 50t3; t = 1 Find the average rate of change of R(t) over the time intervals [t, t + h], where t is as indicated and h = 1, 0.1, and 0.01 days. (Use smaller values of h to check your estimates.) HINT [See Example 1.] (Round your answers to one decimal place.) 1 0.1 0.01 Ave. rate Estimate the instantaneous rate of change of R at time t, specifying the units of measurement. R'(1) = ---Select- O

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Exponential Growth Model

The relation that represents an exponential function is: