Suppose revenue from the sale of new homes in a certain country decreased dramatically from 2005 to 2010 as shown in the model r(t)=411e-0.321t billion dollars per year where t is the year since 2005. If this trend were to have continued into the indefinite future, estimate the total revenue from the sale of new homes in the country from 2005 on. (Round your answer to the nearest billion dollars.)
Suppose revenue from the sale of new homes in a certain country decreased dramatically from 2005 to 2010 as shown in the model r(t)=411e-0.321t billion dollars per year where t is the year since 2005. If this trend were to have continued into the indefinite future, estimate the total revenue from the sale of new homes in the country from 2005 on. (Round your answer to the nearest billion dollars.)
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 8RE: Suppose an investment account is opened with aninitial deposit of 10,500 earning 6.25...
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Suppose revenue from the sale of new homes in a certain country decreased dramatically from 2005 to 2010 as shown in the model
r(t)=411e-0.321t billion dollars per year
where t is the year since 2005. If this trend were to have continued into the indefinite future, estimate the total revenue from the sale of new homes in the country from 2005 on. (Round your answer to the nearest billion dollars.)
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