Question: please help 7. A yoga studio begins the year losing money, but their profits increase and they are breaking even at the beginning of February
7. A yoga studio begins the year losing money, but their profits increase and they are breaking even at the beginning of February and increasing to $ 1 K at the beginning March. During March, however, their profits first increase and then start decreasing as the lockdown takes its toll. By the beginning of April they are back to breaking even and their profits contime to plummit, headed asymptotically for -oo at the beginning of July. Aargh! Hopefully they close before they lose all the money. (a) Write a function that models the profits of the yoga studio. What type of function fits this scenario? Explain why you chose what you did. (b) Graph your function. How well does it fit the given scenario? (c) When does your model predict that the profits of the yoga studio will be $ 1 K? (There should be two answers, and one of them should be t- 2 at the beginning of March.) 7. A yoga studio begins the year losing money, but their profits increase and they are breaking even at the beginning of February and increasing to $ 1 K at the beginning March. During March, however, their profits first increase and then start decreasing as the lockdown takes its toll. By the beginning of April they are back to breaking even and their profits contime to plummit, headed asymptotically for -oo at the beginning of July. Aargh! Hopefully they close before they lose all the money. (a) Write a function that models the profits of the yoga studio. What type of function fits this scenario? Explain why you chose what you did. (b) Graph your function. How well does it fit the given scenario? (c) When does your model predict that the profits of the yoga studio will be $ 1 K? (There should be two answers, and one of them should be t- 2 at the beginning of March.)
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