Beginning in 2001 the price, in dollars per ounce, of gold was modeled approximately by
,
where t is the time in years since the beginning of 2001.A: Make a graph of G versus t that shows estimated gold prices for 2001 to 2010.B: A broker recommended purchase of gold as long as the price was between $400 and $700 per ounce. Add the horizontal lines and
to your graph.C: During what time period was the purchase of gold advised? Give your answer in terms of t correct to two decimal places.
What will be an ideal response?
?
?
B:
?
?
C: From to
years
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