Revenue Growth Suppose that the annual revenue R (in millions of dollars) of a company after t years of operating is modeled by the function R(t) (a) After how many years can the company expect to have annual revenue of $1 million?

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 11T: Suppose that $12,000 is invested in a saving account paying 5.6% interest per year. (a)Write the...
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101. Revenue Growth Suppose that the annual revenue
R (in millions of dollars) of a company after t years
of operating is modeled by the function
R(t)
3.
%3D
(a) After how many years can the company expect to
have annual revenue of $1 million?
Transcribed Image Text:101. Revenue Growth Suppose that the annual revenue R (in millions of dollars) of a company after t years of operating is modeled by the function R(t) 3. %3D (a) After how many years can the company expect to have annual revenue of $1 million?
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