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Social Security Assets The projected year-end assets in

Chapter 5, Problem 49A

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QUESTION:

Problem 49A

Social Security Assets The projected year-end assets in the Social Security trust funds, in trillions of dollars, where t represents the number of years since 2000, can be approximated by

 A(t) = 0.0000329t3 − 0.00450t2 + 0.0613t + 2.34,

where 0 ≤ t ≤ 50. Source: Social Security Administration.

a. Where is A(t) increasing?

b. Where is A(t) decreasing?

Questions & Answers

QUESTION:

Problem 49A

Social Security Assets The projected year-end assets in the Social Security trust funds, in trillions of dollars, where t represents the number of years since 2000, can be approximated by

 A(t) = 0.0000329t3 − 0.00450t2 + 0.0613t + 2.34,

where 0 ≤ t ≤ 50. Source: Social Security Administration.

a. Where is A(t) increasing?

b. Where is A(t) decreasing?

ANSWER:

Solution:

Step 1 of 4:

a)In this problem, we need to find the increasing interval.

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