Hold up ion even understand this
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Answer:
t = 1.107
Step-by-step explanation:
Finding the solution using derivatives involves finding the lower zero of the quadratic that is the second derivative of the given function. That second derivative will be ...
f''(t) = 12(1.6714)t^2 -6(22.45)t +2(62.27)
= 20.0568t^2 -134.7t +124.54
= 20.0568(t -3.35796)² -101.619 . . . . rewrite to vertex form
Then f''(t) = 0 when ...
t ≈ 3.35796 -√(101.619/20.0568) ≈ 1.10706
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The solution is perhaps more easily found using a graphing calculator to find the peak of the first derivative. (See attached.) It tells us ...
t ≈ 1.107
1.1 years after the beginning of 1998 is about 1.2 months into 1999.
Rents were increasing most rapidly in early February of 1999.
Because tax is an additional charge to the original amount therefor it is simply an increase