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The change in price of a certain currency is defined by the function C(x)=2x³-63.x²+408-x+26, where 3 < x < 18, represents the last 15 years and C(x) is its price (in dollars) at time x. Using Derivatives only, answer the following questions: a) What was its price at the start of this period: b) Calculate the year it had its maximum value: c) What was its maximum value: [ dollars. ✔ dollars. ✓

The change in price of a certain currency is defined by the function C(x)=2x³-63.x²+408-x+26, where 3 < x < 18, represents the last 15 years and C(x) is its price (in dollars) at time x. Using Derivatives only, answer the following questions: a) What was its price at the start of this period: b) Calculate the year it had its maximum value: c) What was its maximum value: [ dollars. ✔ dollars. ✓

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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The change in price of a certain currency is defined by the function C(x)=2x³-63.x²+408-x+26, where 3 < x < 18, represents the last 15 years and C(x) is its price (in dollars) at time x. Using Derivatives only, answer the following questions: a) What was its price at the start of this period: b) Calculate the year it had its maximum value: c) What was its maximum value: dollars. d) Calculate the year it had its minimum value: e) What was its minimum value: ✔ dollars. dollars.
Transcribed Image Text:The change in price of a certain currency is defined by the function C(x)=2x³-63.x²+408-x+26, where 3 < x < 18, represents the last 15 years and C(x) is its price (in dollars) at time x. Using Derivatives only, answer the following questions: a) What was its price at the start of this period: b) Calculate the year it had its maximum value: c) What was its maximum value: dollars. d) Calculate the year it had its minimum value: e) What was its minimum value: ✔ dollars. dollars.
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