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Problem 60

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Problem 59

A model for the US average price of a pound of white sugar
from 1993 to 2003 is given by the function
$$S(t)=-0.00003237 t^{5}+0.0009037 t^{4}-0.008956 t^{3}
+0.03629 t^{2}-0.04458 t+0.4074$$
where $t$ is measured in years since August of $1993 .$ Estimate
the times when sugar was cheapest and most expensive during the period $1993-2003 .$

Answer

Most expensive in March $1998 .$
Cheapest in June $1994 .$



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