The Hershey Company is the largest US producer of chocolate. In 2011, annual net sales

Chapter 1, Problem 41

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The Hershey Company is the largest US producer of chocolate. In 2011, annual net sales were 6.1 billion dollars and were increasing at a continuous rate of 4.2% per year.65 (a) Write a formula for annual net sales, S, as a function of time, t, in years since 2011. (b) Estimate annual net sales in 2015. (c) Use a graph to estimate the year in which annual net sales are expected to pass 8 billion dollars and check your estimate using logarithms. 4

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