Suppose that V t 14 1 07 3 sin t represents the value of a

Last updated: 3/1/2023

Suppose that V t 14 1 07 3 sin t represents the value of a person s investment portfolio in thousands of dollars in year t where t 0 corresponds to January 1 2020 Round each answer below to two places after the decimal At what instantaneous rate is the portfolio s value changing on January 1 2022 thousands of dollars per year Determine the value of V 2 What do your answers above tell you about the way the portfolio s value is changing on January 1 2022 O the value of the portfolio is increasing but its rate of increase is slowing down O the value of the portfolio is increasing and its rate of increase is speeding up O the value of the portfolio is decreasing and its rate of decrease is speeding up O the value of the portfolio is decreasing but its rate of decrease is slowing down