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The average price of a two-bedroom apartment in the uptown area of a prominent American city during the real estate boom from 1994 to 2004
The average price of a two-bedroom apartment in the uptown area of a prominent American city during the real estate boom from 1994 to 2004 can be approximated by p(t) = 0.129010t million dollars (0 s t s 10) where t is time in years (1' = 0 represents 1994). What was the average price of a two-bedroom apartment in this uptown area in 2002, and how fast was the price increasing? (Round your answers to two significant digits.) p = $:mllon P'(8) = $ million per year
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