- #1
Ishtar
- 10
- 0
I just need some hints answering these questions like how to do the formulla
i can't figure out the formula
Question:
Use the following information to answer the next three questions.,
The profit of a small busmess is given below
Year Profit
2001 $28000
2002 $32000
2003 $40 000
2004 $49000
2005 $60000If the owner of the business uses an exponential regression to predict the profits in the year 2010, the expected profit (in thousands) is _____
The business will achieve a profit of $800000 in the year _____
A rival business has their pront increase modeled by the function
P(t) = 13500(1.24)^t . The profit of this business will overtake the profits of the first business, for the first time, in the year ________
thx
i can't figure out the formula
Question:
Use the following information to answer the next three questions.,
The profit of a small busmess is given below
Year Profit
2001 $28000
2002 $32000
2003 $40 000
2004 $49000
2005 $60000If the owner of the business uses an exponential regression to predict the profits in the year 2010, the expected profit (in thousands) is _____
The business will achieve a profit of $800000 in the year _____
A rival business has their pront increase modeled by the function
P(t) = 13500(1.24)^t . The profit of this business will overtake the profits of the first business, for the first time, in the year ________
thx