Gary bought a bond with a face value of $12,000 and a coupon rate of 6.5%. The bond will mature in 10 years.
1 answer:
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Answer:
The maximum height is 46.64 feet.
Step-by-step explanation:
If we take the derivative of h whit respect to t and equal this to zero we would find the value of t which corresponds to the maximum h.
So, we have the function h(t):
Taking the derivative, we have:
Now, we solve it for t:
Finally, we put this value of t into the original equation.
Therefore, the maximum height is 46.64 feet. All the given options are wrong, the one that comes closest is option A.
I hope it helps you!