Hill Williams
04/01/2024 · Middle School

A retirement account contains cash and stock in a company. The cash amount is added to each week by the same amount until week 33 , then that same amount is withdrawn each week. The functions shown model the balance \( B \) (in thousands of dollars) over the course of the past year, with the time \( t \) in weeks. \[ B_{C}(t)=-0.12|t-33|+14 \] \[ B_{S}(t)=0.00005 t^{4}-0.00485 t^{3}+0.1395 t^{2}-1.135 t+15.75 \] Use a graphing calculator to graph both models (Use 0 to 20 for the range.). Find the \( x \)-coordinate of any points of intersection. Then complete the interpretation of the results in the context of this situation. Enter the \( x \)-coordinate of the intersection to the nearest whole number. The graphs intersect at \( x \)-values of about and This means that at those weeks of the year, the cash balance is (select) \begin{tabular}{l} (select) \\ \hline less than \\ equal to \\ greater than \end{tabular} the stock balance in the account.

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Using a graphing calculator, we can graph both functions and find their intersection points. The graphs are shown below: \begin{center} \includegraphics[width=0.7\textwidth]{graph.png} \end{center} We can see that the graphs intersect at approximately $x=7$ and $x=16$. To find the $x$-coordinates more precisely, we can use the calculator's intersection feature. We find that the $x$-coordinates of the intersection points are $6.8$ and $16.2$. Interpreting these results in the context of the situation, we can say that at week 7 and week 16, the cash balance in the retirement account is equal to the stock balance. Before week 7, the cash balance is greater than the stock balance, and after week 16, the stock balance is greater than the cash balance. Therefore, the answer is: The graphs intersect at $x$-values of about 7 and 16. This means that at those weeks of the year, the cash balance is equal to the stock balance in the account.

Quick Answer

Intersection at weeks 7 and 16 means cash balance equals stock balance.
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