A small company of science writers found that its rate of profit (in thousands of döllars) after t years of operation is given by the function below P'(t) = (7t + 7) (P + 2t + 2) a. Find the total profit in the first three years. b. Find the profit in the fourth year of operation. c. What is happening to the annual profit over the long run? C a. The profit in the first three years is S (Round to the nearest dollar as needed.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.6: Solving Quadratic Equations By Using The Quadratic Formula
Problem 28PPS
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A small company of science writers found that its rate of profit (in thousands of dollars) after t years of operation is given by the function below
P'(t) = (7t + 7) (P + 2t + 2)
a. Find the total profit in the first three years.
b. Find the profit in the fourth year of operation.
c. What is happening to the annual profit over the long run?
a. The profit in the first three years is S
(Round to the nearest dollar as needed.)
Transcribed Image Text:A small company of science writers found that its rate of profit (in thousands of dollars) after t years of operation is given by the function below P'(t) = (7t + 7) (P + 2t + 2) a. Find the total profit in the first three years. b. Find the profit in the fourth year of operation. c. What is happening to the annual profit over the long run? a. The profit in the first three years is S (Round to the nearest dollar as needed.)
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