A company's sales is expected to grow exponentially for the next seven years. The saleswere $43 million in 2017 and are expected to be $112 million in 2021.a) Find a model giving the sales of the company in year t. Use S (t) = Soekt where t=0corresponds to 2017. If you round k, keep it accurate to 6 decimal places.b) What are the expected sales in 2022? Use units and context in your answer, round to twodecimal places.

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A company's sales is expected to grow exponentially for the next seven years. The sales were $43 million in 2017 and are expected to be $112 million in 2021. a) Find a model giving the sales of the company in year t. Use S (t) = Soet where t = 0 corresponds to 2017. If you round k, keep it accurate to 6 decimal places. b) What are the expected sales in 2022? Use units and context in your answer, round to two decimal places.

A company's sales is expected to grow exponentially for the next seven years. The sales were $43 million in 2017 and are expected to be $112 million in 2021. a) Find a model giving the sales of the company in year t. Use S (t) = Soet where t = 0 corresponds to 2017. If you round k, keep it accurate to 6 decimal places. b) What are the expected sales in 2022? Use units and context in your answer, round to two decimal places.

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

A company's sales is expected to grow exponentially for the next seven years. The sales
were $43 million in 2017 and are expected to be $112 million in 2021.
a) Find a model giving the sales of the company in year t. Use S (t) = Soekt where t=0
corresponds to 2017. If you round k, keep it accurate to 6 decimal places.
b) What are the expected sales in 2022? Use units and context in your answer, round to two
decimal places.

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