Question

The number N (in thousands) of existing condominiums and cooperative homes sold each year from 2000 through 2008 in the United States is approximated by the model N=0.4825t4−11.293t3+65.26t2−48.8t+578 0≤t≤8 where t represents the year, with t=0 corresponding to

Answer 1

Answer:

The number of condominiums ranges between 578 thousand to 639.544 thousand between the years 2000 to 2008

Step-by-step explanation:

N=0.4825t4−11.293t3+65.26t2−48.8t+578

Putting t =0

N=0.4825(0)^4−11.293(0)^3+65.26(0)^2−48.8(0)+578

N= 578

Putting t =8

N=0.4825(8)^4−11.293(8)^3+65.26(8)^2−48.8(8)+578

N= 1976.32 - 5782.016+4176.64-390.4 +578

N= 639.544

The minimum number of condominiums sold are 578 thousand .

And the maximum number of condominiums sold are 639.544 thousand.