2. 1. Calculate the interest if the principal is $300, the interest rate is 7% and the time is 2 years.
1 answer:
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Answer:
Minimum 8 at x=0, Maximum value: 24 at x=4
Step-by-step explanation:
Retrieving data from the original question:
1) Calculating the first derivative
2) Now, let's work to find the critical points
Set this
0, belongs to the interval. Plug it in the original function
3) Making a table x, f(x) then compare
x| f(x)
-1 | f(-1)=9
0 | f(0)=8 Minimum
4 | f(4)=24 Maximum
4) The absolute maximum value is 24 at x=4 and the absolute minimum value is 8 at x=0.
