Thread: Minimum Price?

The price P of a certain computer system decreases immediately after its introduction and then increases. If the price P is estimated by the formula , where t is the time in months from its introduction, find the time until the minimum price is reached.

First derivative of P =





I've made it this far, but how do I solve for the minimum price?

Originally Posted by akuczma86

The price P of a certain computer system decreases immediately after its introduction and then increases. If the price P is estimated by the formula , where t is the time in months from its introduction, find the time until the minimum price is reached.

First derivative of P =





I've made it this far, but how do I solve for the minimum price?

Didn't you just do that?

You've solved it already!
Time untill until minimum price is 5.3125
Minimum price is 2184.375

lol This is why I come here to check. Thanks!