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Solve the Problem v=45,600+100t2v=45,600+100 t^{2} , Where tt Is the Number of Years from Now

Question 212

Multiple Choice

Solve the problem.
-It is estimated that the total value of a stamp collection is given by the formula v=45,600+100t2v=45,600+100 t^{2} , where tt is the number of years from now. If the inflation rate is running continuously at 4%4 \% per year so that the (discounted) present value of an item that will be worth $v\$ v in tt years' time is given by p=ve.04t\mathrm{p}=\mathrm{ve}^{-.04 \mathrm{t}} . Sketch the graph of the discounted value as a function of time at which the stamp collection is sold. What are the values of tt at the points of inflection?
 Solve the problem. -It is estimated that the total value of a stamp collection is given by the formula  v=45,600+100 t^{2} , where  t  is the number of years from now. If the inflation rate is running continuously at  4 \%  per year so that the (discounted)  present value of an item that will be worth  \$ v  in  t  years' time is given by  \mathrm{p}=\mathrm{ve}^{-.04 \mathrm{t}} . Sketch the graph of the discounted value as a function of time at which the stamp collection is sold. What are the values of  t  at the points of inflection?    A)   t=19.52  and  t=81.28 . B)   \mathrm{t}=24.92  and  \mathrm{t}=77.38 . C)   t=19.82  and  t=86.18 . D)   \mathrm{t}=21.82  and  \mathrm{t}=78.18 .


A) t=19.52t=19.52 and t=81.28t=81.28 .
B) t=24.92\mathrm{t}=24.92 and t=77.38\mathrm{t}=77.38 .
C) t=19.82t=19.82 and t=86.18t=86.18 .
D) t=21.82\mathrm{t}=21.82 and t=78.18\mathrm{t}=78.18 .

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