[Step-by-Step] Suppose that t years from now, one investment plan will be generating profit at the rate of P_1'(t)=100+t^2 hundred dollars per year, while a
Question: Suppose that t years from now, one investment plan will be generating profit at the rate of \({{P}_{1}}'\left( t \right)=100+{{t}^{2}}\) hundred dollars per year, while a second investment will be generating profit at the rate of \({{P}_{2}}'\left( t \right)=200+2t\)
hundred dollars per year.
- For how many years does the rate of profitability of the second investment exceed that of the first?
- Compute the net excess profit assuming that you invest in the second plan for the time period determined in part (a)
Sketch the rate of profitability curves \(y={{P}_{1}}'\left( t \right)\) and \(y={{P}_{2}}'\left( t \right)\) and shade the region whose area represents the net excess profit computed in part (b)
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