The Hershey Company is the largest US producer of chocolate. In 2017, annual net sales were 7.986 billion dollars and were increasing at a continuous rate of 2.7% per year. Write a formula for annual net sales, S, as a function of time, t, in years since 2017. a. b In what year are sales predicted to reach 11 billion dollars?

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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3.
The Hershey Company is the largest US producer of chocolate. In 2017, annual net
sales were 7.986 billion dollars and were increasing at a continuous rate of 2.7% per year.
Write a formula for annual net sales, S, as a function of time, t, in years since 2017.
a.
b
In what year are sales predicted to reach 11 billion dollars?
Transcribed Image Text:3. The Hershey Company is the largest US producer of chocolate. In 2017, annual net sales were 7.986 billion dollars and were increasing at a continuous rate of 2.7% per year. Write a formula for annual net sales, S, as a function of time, t, in years since 2017. a. b In what year are sales predicted to reach 11 billion dollars?
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