A manufacturer estimates that he can sell a maximum of 100,000 digital tape recorders in a city. His total sales grow at a rate proportional to the distance below this upper limit. If after 4 months total sales are 50,000, find a formula for the total sales after t months. Then use your answer to estimate the total sales at the end of the first year.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.8: Transforming Exponential Expressions
Problem 14PFA
icon
Related questions
Question

Total Sales: A manufacturer estimates that he can sell a maximum of 100,000 digital tape recorders in a city. His total sales grow at a rate proportional to the distance below this upper limit. If after 4 months total sales are 50,000, find a formula for the total sales after t months. Then use your answer to estimate the total sales at the end of the first year.

Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College