Homework Help is Here – Start Your Trial Now!
Math
Advanced Math
The manager of an employee health plan for a firm has studied the balance B, in millions of dollars, in the plan account as a function of t, the number of years since the plan was instituted. He has determined that the account balance is given by the following formula. B = 60 + 9t-50e0.1t (a) Make a graph of B versus t over the first 9 years of the plan. B 12 10 8 6 2 B 20 2 5 4 15 r 10 4 6 2 6 8 t 8 B 20 15 10 in B 20 15 10 5 2 2 4 (b) At what time is the account balance at its maximum? (Round your answer to two decimal places.) years 8 8 t t (c) What is the smallest value of the account balance over the first 9 years of the plan? (Round your answer to two decimal places.) million dollars

The manager of an employee health plan for a firm has studied the balance B, in millions of dollars, in the plan account as a function of t, the number of years since the plan was instituted. He has determined that the account balance is given by the following formula. B = 60 + 9t-50e0.1t (a) Make a graph of B versus t over the first 9 years of the plan. B 12 10 8 6 2 B 20 2 5 4 15 r 10 4 6 2 6 8 t 8 B 20 15 10 in B 20 15 10 5 2 2 4 (b) At what time is the account balance at its maximum? (Round your answer to two decimal places.) years 8 8 t t (c) What is the smallest value of the account balance over the first 9 years of the plan? (Round your answer to two decimal places.) million dollars

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.5: Graphs Of Functions
Problem 44E
See similar textbooks
icon
Related questions
Question
The manager of an employee health plan for a firm has studied the balance B, in millions of dollars, in the plan account as a function of t, the number of years since the plan was instituted. He has determined that the account balance is given by the following formula. B = 60 + 9t-50e0.10 (a) Make a graph of B versus t over the first 9 years of the plan. B 12 10 8 6 4 B 20 10 2 5 4 2 6 15 r 4 8 6 8 B 20 15 10 5 B 20 15 10 2 2 (b) At what time is the account balance at its maximum? (Round your answer to two decimal places.) years 10 6 8 t (c) What is the smallest value of the account balance over the first 9 years of the plan? (Round your answer to two decimal places.) million dollars
Transcribed Image Text:The manager of an employee health plan for a firm has studied the balance B, in millions of dollars, in the plan account as a function of t, the number of years since the plan was instituted. He has determined that the account balance is given by the following formula. B = 60 + 9t-50e0.10 (a) Make a graph of B versus t over the first 9 years of the plan. B 12 10 8 6 4 B 20 10 2 5 4 2 6 15 r 4 8 6 8 B 20 15 10 5 B 20 15 10 2 2 (b) At what time is the account balance at its maximum? (Round your answer to two decimal places.) years 10 6 8 t (c) What is the smallest value of the account balance over the first 9 years of the plan? (Round your answer to two decimal places.) million dollars
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
SEE MORE TEXTBOOKS