1. The following equation can be used to model the revenue, in billions of dollars, for Starbucks during the early 2000's: Pn= 3.11 +0.47n where n is the number of years since 2002. a. We call 2002 the base year for this model. We can also call 2002 "Year 0", because that is when n is equal to zero. Find the value of Po. Show your work. Po = 3.11 +0.47(0) →Po 3.11 2002= 3.11 billion dollars b. Use a complete sentence to interpret your numerical answer from part (a).

1. The following equation can be used to model the revenue, in billions of dollars, for Starbucks during the early 2000's: Pn= 3.11 +0.47n where n is the number of years since 2002. a. We call 2002 the base year for this model. We can also call 2002 "Year 0", because that is when n is equal to zero. Find the value of Po. Show your work. Po = 3.11 +0.47(0) →Po 3.11 2002= 3.11 billion dollars b. Use a complete sentence to interpret your numerical answer from part (a).

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter5: Inverse, Exponential, And Logarithmic Functions

Section5.6: Exponential And Logarithmic Equations

Problem 64E

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