5. The rate of change in revenue for the Priceline Group from 2004 to 2013 can be modeled dR by = 0.07e0.2387t where R is the revenue (in billions of dollars) and t is the time (in dt years), with t=4 corresponding to 2004. In 2013, the revenue for the Priceline Group was $6.8 billion. a. Find a model for the revenue of the Priceline Group b. Find the revenue of the Priceline Group in 2012.
5. The rate of change in revenue for the Priceline Group from 2004 to 2013 can be modeled dR by = 0.07e0.2387t where R is the revenue (in billions of dollars) and t is the time (in dt years), with t=4 corresponding to 2004. In 2013, the revenue for the Priceline Group was $6.8 billion. a. Find a model for the revenue of the Priceline Group b. Find the revenue of the Priceline Group in 2012.
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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![5. The rate of change in revenue for the Priceline Group from 2004 to 2013 can be modeled
dR
by
= 0.07e0.2387t where R is the revenue (in billions of dollars) and t is the time (in
dt
years), with t=4 corresponding to 2004. In 2013, the revenue for the Priceline Group was
$6.8 billion.
a. Find a model for the revenue of the Priceline Group
b. Find the revenue of the Priceline Group in 2012.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2967135e-746c-4f3c-94a3-021128fbdbf9%2Fd8144aa3-caea-4470-a9b9-7004c4cc67ec%2Fuy3g4yh_processed.png&w=3840&q=75)
Transcribed Image Text:5. The rate of change in revenue for the Priceline Group from 2004 to 2013 can be modeled
dR
by
= 0.07e0.2387t where R is the revenue (in billions of dollars) and t is the time (in
dt
years), with t=4 corresponding to 2004. In 2013, the revenue for the Priceline Group was
$6.8 billion.
a. Find a model for the revenue of the Priceline Group
b. Find the revenue of the Priceline Group in 2012.
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