Question

Consider the function as representing the value of an ounce of palladium in U.S. dollars as...

Consider the function as representing the value of an ounce of palladium in U.S. dollars as a function of the time t in days.†

R(t) = 230 + 40t3; t = 1

Find the average rate of change of R(t) over the time intervals [t, t + h], where t is as indicated and h = 1, 0.1, and 0.01 days. (Use smaller values of h to check your estimates.) HINT [See Example 1.] (Round your answers to one decimal place.)

Estimate the instantaneous rate of change of R at time t, specifying the units of measurement.

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Eatimate of rate of change of a quantity

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