Concept explainers
a.
Find the years when the price of the home decrease and increase.
b.
i)
Find the price of the home at the end of 2007.
ii)
Find the price of the home at the end of 2012.
iii)
Find the price of the home at the end of 2015.
c.
i)
Find the rate of change of the home price at the beginning of year 2007.
ii)
Find the rate of change of the home price at the beginning of year 2010.
iii)
Find the rate of change of the home price at the beginning of year 2014.
d.
Find the year when the home price dropped most rapidly.
Find the rate of price drop at the particular year.
e.
Find the year when the home price rise most rapidly.
Find the rate of price rise at the particular year.
f.
Sketch the graph of the derivative of the home price P versus time t.
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