Question
The financial assets of a certain industry (in trillions of dollars) can be approximated by the following formula, where x=5 corresponds tp 2005. y=0.0566x 3
The financial assets of a certain industry (in trillions of dollars) can be approximated by the following formula, where x=5 corresponds tp 2005.
y=0.0566x3 - 1.2923x2 +9.71x - 17.6
Find the maximum value of the total assets between 2005 and 2008.
The maximum value of the total assets between 2005 and 2008 is about $_________ trillion.
(Round to two decimal places as needed.)
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Handbook Of The Economics Of Finance
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
044459406X, 978-0444594068
