Question

The annual net income of a company for the period 2007–2011 could be approximated by P(t)...

The annual net income of a company for the period 2007–2011 could be approximated by

P(t) = 1.6t2 − 11t + 44 billion dollars      (2 ≤ t ≤ 6),

where t is the time in years since the start of 2005. According to the model, during what year in this period was the company's net income the lowest?

t =  

What was the corresponding net income in billions of dollars? (Round your answer to one decimal place.)

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