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The function, I (p) = 1078p2 + 64701? + 28400, gives the amount of annual income a retiree can expect to receive in 30 years,
The function, I (p) = 1078p2 + 64701? + 28400, gives the amount of annual income a retiree can expect to receive in 30 years, assuming a return on the investment of 10 percent per year. (Caution: p is not to be converted to decimals in this problem. For example, to compute the retirement income for 3.5%, you would compute I(3.5), not I(.035).) A) Find the marginal change of I at p = 11.2 percent. Answer: :] dollars per percent of return. (Round to 2 decimal places if necessary.) B) Find the percentage, 1), when the marginal change of I is 31695.2 dollars per percent of return. (Round to 1 decimal place if necessary.)
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