1 / 4

# Graph this scotch value function. At what value of t is the barrel of scotch most valuable. - PowerPoint PPT Presentation

16.6Scotch whisky increases in value as it ages, at least up to a point. For any period of time, t, the value of a barrel is given by V = 100 t － 6 t 2 . This function implies that the proportional rate of growth of the value of the scotch is (100 － 12 t )/V. Graph this scotch value function.

I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.

## PowerPoint Slideshow about 'Graph this scotch value function. At what value of t is the barrel of scotch most valuable.' - linus

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.

- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

16.6Scotch whisky increases in value as it ages, at least up to a point. For any period of time, t, the value of a barrel is given by V = 100t－6t2. This function implies that the proportional rate of growth of the value of the scotch is (100－12t)/V.

• Graph this scotch value function.

• At what value of t is the barrel of scotch most valuable.

• If the real interest rate is 5 percent, when should this distiller bottle the scotch for immediate sale?

• How would the distiller’s decision change if the real interest rate were 10 percent? (Hint: You will have to use the quadratic equation to solve part d here.)

16.8 to a point. For any period of time, t, the value of a barrel is given by V = 100題目請參照學生版課本