It is estimated that x years from now, the value V(x) of an acre of Carter Hightowers

Question:

It is estimated that x years from now, the value V(x) of an acre of Carter Hightower’s farmland will be increasing at the rate of

dollars per year. The land is currently worth $500 per acre.

a. Find V(x).

b. How much will Carter’s land be worth in 10 years?

c. Use the graphing utility of your calculator with TRACE and ZOOM to determine how long it will take for the land to be worth $1,000 per acre.

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Related Book For answer-question

Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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Question Posted: Jun 24, 2023 04:56 AM

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It is estimated that x years from now, the value V(x) of an acre of Carter Hightowers

Question:

V'(x) = 3 0.4x³ V0.2x + 8,000

Step by Step Answer:

a Let Vx denote the value of the farm land x years from now Since an anti...View the full answer

Calculus For Business, Economics And The Social And Life Sciences

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