Use the following model for the annual revenue for Amazon: R(t) = 386.06(1.31)t t is the time in years since 2020 and R(t) is in billion dollars. a) Identify whether the function is linear or exponential. Briefly explain how you know based on the formula for R(t). b) Identify the constant percent rate. Explain in a sentence what this means about Amazon's revenue changing with respect to time. c) Calculate R(0) and explain what it means in terms of Amazon's revenue and time.

Use the following model for the annual revenue for Amazon: R(t) = 386.06(1.31)t t is the time in years since 2020 and R(t) is in billion dollars. a) Identify whether the function is linear or exponential. Briefly explain how you know based on the formula for R(t). b) Identify the constant percent rate. Explain in a sentence what this means about Amazon's revenue changing with respect to time. c) Calculate R(0) and explain what it means in terms of Amazon's revenue and time.

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter4: Linear Functions

Section: Chapter Questions

Problem 29RE: For the following exercise, consider this scenario: In 2004, a school population was 1,700. By 2012...

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