20. In "x" years from now, one investment plan will be generating profit at the rate of R₁ (x) = 50+ x² pesos per year, while a second plan will be generating profit at the rate R₂ (x) = 200+ 5x pesos per year. For how many years will the second plan be more profitable one? Compute also the net excess profit if the second plan would be used instead of the first. A. 15 yrs, P1687.50 C. 14 yrs, P15640.25 B. 12 yrs, P1450.25 D. 10 yrs, P1360.25

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 8RE: Suppose an investment account is opened with aninitial deposit of 10,500 earning 6.25...
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20. In "x" years from now, one investment plan will be generating
profit at the rate of R₁ (x) = 50+ x² pesos per year, while a second
plan will be generating profit at the rate R₂ (x) = 200+ 5x pesos per
year. For how many years will the second plan be more profitable one?
Compute also the net excess profit if the second plan would be used
instead of the first.
A. 15 yrs, P1687.50
B. 12 yrs, P1450.25
D. 10 yrs, P1360.25
C. 14 yrs, P15640.25
Transcribed Image Text:20. In "x" years from now, one investment plan will be generating profit at the rate of R₁ (x) = 50+ x² pesos per year, while a second plan will be generating profit at the rate R₂ (x) = 200+ 5x pesos per year. For how many years will the second plan be more profitable one? Compute also the net excess profit if the second plan would be used instead of the first. A. 15 yrs, P1687.50 B. 12 yrs, P1450.25 D. 10 yrs, P1360.25 C. 14 yrs, P15640.25
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