Note: You may need to assume the fact that lim 1-0 for all n. MI The number of cell phone subscribers in a certain country in the early 2000s was projected to follow the equation, N(t) 39+ 73 million subscribers, in year t (to represents 2000). The average annual revenue per cell phone user was $350 in 2000. (a) Assuming that, because of competition, the revenue per cell phone user decreases continuously at an annual rate of 10%, give a formula for the annual revenue R(t) = (b) Using the model you obtained in part (a) as an estimate of the rate of change of total revenue, estimate the total revenue from 2000 in the indefinite future (37 an attr ONE.) million
Note: You may need to assume the fact that lim 1-0 for all n. MI The number of cell phone subscribers in a certain country in the early 2000s was projected to follow the equation, N(t) 39+ 73 million subscribers, in year t (to represents 2000). The average annual revenue per cell phone user was $350 in 2000. (a) Assuming that, because of competition, the revenue per cell phone user decreases continuously at an annual rate of 10%, give a formula for the annual revenue R(t) = (b) Using the model you obtained in part (a) as an estimate of the rate of change of total revenue, estimate the total revenue from 2000 in the indefinite future (37 an attr ONE.) million
Chapter5: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 39CT: The population P (in millions) of Texas from 2001 through 2014 can be approximated by the model...
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