BUSINESS: Sales A telephone company estimates the maximum market for car phones in a city to be 10,000. Total sales are proportional to both the number already sold and the size of the remaining market. If 100 phones have been sold at time i=0 and after 6 months 2000 have been sold, find a formula for the total sales after t months. Use your answer to estimate the total sales at the end of the first year.
BUSINESS: Sales A telephone company estimates the maximum market for car phones in a city to be 10,000. Total sales are proportional to both the number already sold and the size of the remaining market. If 100 phones have been sold at time i=0 and after 6 months 2000 have been sold, find a formula for the total sales after t months. Use your answer to estimate the total sales at the end of the first year.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.3: Lines
Problem 55E
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Transcribed Image Text:BUSINESS: Sales A telephone company estimates
the maximum market for car phones in a city to
be 10,000. Total sales are proportional to both
the number already sold and the size of the
remaining market. If 100 phones have been sold
at time t= 0 and after 6 months 2000 have
been sold, find a formula for the total sales after
t months. Use your answer to estimate the total
sales at the end of the first year.
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