Revenue: Target The annual revenue earned by Target for fiscal years 2004 through 2010 can be approximated by R ( t ) = 41 e 0.094 t billion dollars per year ( 0 ≤ t ≤ 7 ) , where t is time in years. ( t = 0 represents the beginning of fiscal year 2004.) Estimate, to the nearest $10 billion, Target’s total revenue from the beginning of fiscal year 2006 to the beginning of fiscal year 2010.
Revenue: Target The annual revenue earned by Target for fiscal years 2004 through 2010 can be approximated by R ( t ) = 41 e 0.094 t billion dollars per year ( 0 ≤ t ≤ 7 ) , where t is time in years. ( t = 0 represents the beginning of fiscal year 2004.) Estimate, to the nearest $10 billion, Target’s total revenue from the beginning of fiscal year 2006 to the beginning of fiscal year 2010.
Solution Summary: The author calculates the Target's total revenue from beginning of fiscal year 2006 to 2010, where the annual net revenue is approximated by R(t)=41e0.094t
Revenue: Target The annual revenue earned by Target for fiscal years 2004 through 2010 can be approximated by
R
(
t
)
=
41
e
0.094
t
billion dollars per year
(
0
≤
t
≤
7
)
,
where t is time in years. (
t
=
0
represents the beginning of fiscal year 2004.) Estimate, to the nearest $10 billion, Target’s total revenue from the beginning of fiscal year 2006 to the beginning of fiscal year 2010.
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