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Answer:
Step-by-step explanation:
Given data
Total units = 250
Current occupants = 223
Rent per unit = 892 slips of Gold-Pressed latinum
Current rent = 892 x 223 =198,916 slips of Gold-Pressed latinum
After increase in the rent, then the rent function becomes
Let us conside 'y' is increased in amount of rent
Then occupants left will be [223 - y]
Rent = [892 + 2y][223 - y] = R[y]
To maximize rent =
Since 'y' comes in negative, the owner must decrease his rent to maximixe profit.
Since there are only 250 units available;
Optimal rent - 838 slips of Gold-Pressed latinum
The easy thing to do is notice that 1^4 = 1, 2^4 = 16, 3^4 = 81, and so on, so the sequence follows the rule . The next number would then be fourth power of 7 plus 1, or 2402.
And the harder way: Denote the <em>n</em>-th term in this sequence by , and denote the given sequence by
.
Let denote the <em>n</em>-th term in the sequence of forward differences of
, defined by
for <em>n</em> ≥ 1. That is, is the sequence with
and so on.
Next, let denote the <em>n</em>-th term of the differences of
, i.e. for <em>n</em> ≥ 1,
so that
etc.
Again: let denote the <em>n</em>-th difference of
:
etc.
One more time: let denote the <em>n</em>-th difference of
:
etc.
The fact that these last differences are constant is a good sign that for all <em>n</em> ≥ 1. Assuming this, we would see that
is an arithmetic sequence given recursively by
and we can easily find the explicit rule:
and so on, up to
Use the same strategy to find a closed form for , then for
, and finally
.
and so on, up to
Recall the formula for the sum of consecutive integers:
and so on, up to
Recall the formula for the sum of squares of consecutive integers: