Revenue The annual revenue R, in dollars, of a new company
Chapter , Problem 4.6.35(choose chapter or problem)
Revenue The annual revenue R, in dollars, of a new company can be closely modeled by the logistic function R(t) = 625,0001 + 3.1e-0.045t where the natural number t is the time, in years, since the company was founded. a. According to the model, what will be the companys annual revenue for its first year and its second year ( and ) of operation? Round to the nearest $1000. b. According to the model, what will the companys annual revenue approach in the long-term future?
Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.
Becoming a subscriber
Or look for another answer