Two models R1 and R2 are given for revenue (in millions of dollars) for a corporation. Both models are estimates of revenues from 2020 through 2025, with t = 0 corresponding to 2020. Which model projects the greater revenue? How much more total revenue does that model project over the six-year period?                                                                                                               R1 = 7.21 + 0.26t + 0.02t2                                                                                   R2 = 7.21 + 0.1t + 0.01t2

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter5: Exponential And Logarithmic Functions
Section5.4: Exponential And Logarithmic Equations
Problem 83E: The number N of beavers in a given area after x years can be approximated by N=5.5100.23x,0x10. Use...
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Two models R1 and R2 are given for revenue (in millions of dollars) for a corporation. Both models are estimates of revenues from 2020 through 2025, with t = 0 corresponding to 2020. Which model projects the greater revenue? How much more total revenue does that model project over the six-year period?                                                                                                               R1 = 7.21 + 0.26t + 0.02t2                                                                                   R2 = 7.21 + 0.1t + 0.01t2

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