An outboard motor has an initial price of $1,250. A service contract costs $250 for the first year and increases $100 per year thereafter. The total cost of the outboard motor (in dollars) after n years is given by C(n) = 1,250 + 300n+ 50n2, where n≥ 19
An outboard motor has an initial price of $1,250. A service contract costs $250 for the first year and increases $100 per year thereafter. The total cost of the outboard motor (in dollars) after n years is given by C(n) = 1,250 + 300n+ 50n2, where n≥ 19
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section: Chapter Questions
Problem 91RE
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When is the average cost per year minimum? (This time is frequently referred to as the replacement time for this piece of equipment.)
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