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Find the critical point(s) of the function. Then use the second derivative test to classify the nature of each point, if possible. Finally, determine the relative extrema of the function.
Notes Payable
A written agreement where one party promises to pay another party a specific sum of money on a certain date or on demand.
Preferred Stock
A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, typically with fixed dividends.
Common Equity
The percentage of a corporation's equity held by investors in the form of common shares.
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set, giving more weight to some numbers than others.
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