After the Economy Softened, the Sky-High Office Space Rents of the Late

Multiple Choice

After the economy softened, the sky-high office space rents of the late 1990s started to come down to earth. The function R gives the approximate price per square foot in dollars, R(t) , of prime space in Boston's Back Bay and Financial District from 1997 ( ) through 2000, where . What was the highest office space rent during the period in question? Hint: Use the quadratic formula.

A) $53.02 per sq ft
B) $52.92 per sq ft
C) $52.97 per sq ft
D) $53.07 per sq ft
E) $53.12 per sq ft