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The average monthly rent for a 1000-sq-ft apartment in a major metropolitan area from 1998 through 2005 can be approximated by the function below where
The average monthly rent for a 1000-sq-ft apartment in a major metropolitan area from 1998 through 2005 can be approximated by the function below where t is the time in years since the beginning of 1998. Find the value oftwhen rents were increasing most rapidly. Approximately when did this occur? f(t) = 1.6302t4 22.528t3 + 62.56t2 + 6.9989t + 1017 {3 The rents were increasing most rapidly when t= El (Do not round until the final answer. Then round to three decimal places as needed.) The rents were increasing most rapidly during the year |
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