A slow economy caused a company’s annual revenues to drop from $530, 000 in 2008 to $386,000 in 2010. If the revenue is following an exponential pattern of decline, what is the expected revenue in 2012?
A slow economy caused a company’s annual revenues to drop from $530, 000 in 2008 to $386,000 in 2010. If the revenue is following an exponential pattern of decline, what is the expected revenue in 2012?
Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter7: Eigenvalues And Eigenvectors
Section7.CM: Cumulative Review
Problem 28CM
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Differential Equations.
A slow economy caused a company’s annual revenues to drop from $530, 000 in 2008 to $386,000 in 2010. If the revenue is following an exponential pattern of decline, what is the expected revenue in 2012?
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