After discontinuing all advertising for a tool kit in 2010, the manufacturer noted that sales began to drop according to the model 500,000 S = 1+ 0.1ekt where S represents the number of units sold and t represents the year, with t = 0 corresponding to 2010 (see figure). In 2013, 300,000 units were sold. 500 000 400 000 300 000 200 000 100 000 2 4 8 10 12 (a) Use the graph to estimate sales in 2021. (Round your answer to the nearest whole number.) S = units sold (b) Complete the model by solving for k. (Round your answer to three decimal places.) k = (c) Use the model to estimate sales in 2021. (Round your answer to the nearest whole number.) S = units sold

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,...
icon
Related questions
Question
After discontinuing all advertising for a tool kit in 2010, the manufacturer noted that sales began to drop according to the model
500,000
S =
1+ 0.1ekt
where S represents the number of units sold and t represents the year, with t = 0 corresponding to 2010 (see figure). In 2013, 300,000 units were sold.
500 000
400 000
300 000
200 000
100 000
2
4
8
10
12
(a) Use the graph to estimate sales in 2021. (Round your answer to the nearest whole number.)
S =
units sold
(b) Complete the model by solving for k. (Round your answer to three decimal places.)
k =
(c) Use the model to estimate sales in 2021. (Round your answer to the nearest whole number.)
S =
units sold
Transcribed Image Text:After discontinuing all advertising for a tool kit in 2010, the manufacturer noted that sales began to drop according to the model 500,000 S = 1+ 0.1ekt where S represents the number of units sold and t represents the year, with t = 0 corresponding to 2010 (see figure). In 2013, 300,000 units were sold. 500 000 400 000 300 000 200 000 100 000 2 4 8 10 12 (a) Use the graph to estimate sales in 2021. (Round your answer to the nearest whole number.) S = units sold (b) Complete the model by solving for k. (Round your answer to three decimal places.) k = (c) Use the model to estimate sales in 2021. (Round your answer to the nearest whole number.) S = units sold
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 4 images

Blurred answer
Knowledge Booster
Inequality
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
Contemporary Abstract Algebra
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Algebra And Trigonometry (11th Edition)
Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON
Introduction to Linear Algebra, Fifth Edition
Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press
College Algebra (Collegiate Math)
College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education