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Find the Critical Number(s) (If Any) and Test Them to Determine

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Essay

Find the critical number(s) (if any) and test them to determine if f(x)=x48x2+16f ( x ) = x ^ { 4 } - 8 x ^ { 2 } + 16 has a local maximum or local minimum or neither at each critical number.

Understand and compute exact simple interest for loans using a 365-day year.
Understand and compute ordinary simple interest for loans using a 360-day year.
Calculate the total repayment amount (principal + interest) for short-term loans.
Estimate interest by rounding the principal to the nearest hundred dollars and using shortcuts for interest calculation.

Definitions:

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer, which does not necessarily reflect market value.

Stock Exchange

A regulated marketplace where securities, such as stocks and bonds, are bought and sold.

Private Corporation

A privately-owned company where ownership is either by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public on the stock market exchanges, but rather the company's stock is offered, owned and traded or exchanged privately.

Authorized Shares

The total number of shares that a corporation is legally allowed to issue, as specified in its articles of incorporation.

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