Math Problem Statement
The value, in dollars, of a stock t hours into a day of trading is modeled by V(t) = √1400t+7000. Find the rate at which the stock's value is increasing or decreasing after 4 hours. (Round your answer to the nearest cent.) The stock's value is ? by ? after 4 hour
Solution
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Math Problem Analysis
Mathematical Concepts
Calculus
Derivatives
Rate of Change
Formulas
Derivative of a function using the chain rule
V'(t) = (1/2√u) * du/dt where u = 1400t + 7000
Theorems
Chain Rule of Differentiation
Suitable Grade Level
Grades 11-12
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