You manage a small antique store that owns a collection of Louis XVI jewelry boxes. Their value v is increasing according to the formula where t is the number of years from now. You anticipate an inflation rate of 2% per year, so that the present value of an item that will be worth $ v in t years time is given by In how many years from now will the greatest rate of increase of the present value of your antiques be attained?
A)t = 17.58 years
B)t = 60.60 years
C)t = 5.45 years
D)t = 18.18 years
E)t = 2.73 years

Question

You manage a small antique store that owns a collection of Louis XVI jewelry boxes. Their value v is increasing according to the formula  where t is the number of years from now. You anticipate an inflation rate of 2% per year, so that the present value of an item that will be worth $ v in t years time is given by  In how many years from now will the greatest rate of increase of the present value of your antiques be attained?
A)t = 17.58 years 
B)t = 60.60 years 
C)t = 5.45 years 
D)t = 18.18 years 
E)t = 2.73 years

Quizplus · Accepted Answer

The Answer of You manage a small antique store that owns a collection of Louis XVI jewelry boxes. Their value v is increasing according to the formula  where t is the number of years from now. You anticipate an inflation rate of 2% per year, so that the present value of an item that will be worth $ v in t years time is given by  In how many years from now will the greatest rate of increase of the present value of your antiques be attained?
A)t = 17.58 years 
B)t = 60.60 years 
C)t = 5.45 years 
D)t = 18.18 years 
E)t = 2.73 years

You Manage a Small Antique Store That Owns a Collection