Net Income The annual net income of General Electric for the period 2007–2012 could be approximated by
P(t) = 3.0t2 − 24t + 59 billion dollars (2 ≤ t ≤ 7)
where t is time in years since 2005. According to the model, in what year in this period was General Electric’s net income lowest? What was its net income that year? Would you trust this model to continue to be valid long past this period? Why?
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