Question: The revenue for a company is given by the function r(t) = 8t2+ 12t + 750 where t is the number of years since 1998

The revenue for a company is given by the function r(t) = 8t2+ 12t + 750 where t is the number of years since 1998 and r(t) is in thousands of dollars. Assuming that this trend remained the same, find the year in which this company's revenues were $1506 thousand. Round to the nearest whole year, if necessary.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Maeve runs Sweetwater, an illegal gambling saloon in Arizona. Hector operates a medical marijuana facility in Colorado. Both businesses have gross revenues of $650,000. The businesses incur these...

The revenue for a company is given by the function r(t) = 8t2+ 12t + 750 where t is the number of years since 1998 and r(t) is in thousands of dollars. Assuming that this trend remained the same,...

The revenue for a company is given by the function r(t) = 6t2+ 3t + 440 where t is the number of years since 1998 and r(t) is in thousands of dollars. Assuming that this trend remained the same, find...

44. The revenue of a company is given by the equation R = x(1000 4x), where R is the revenue of the company, in dollars, when they sell x units of a product. How many units of the product should they...

1. [-/1 Points] DETAILS LCALCCONS 3.2.021. The future value of $2000 after & years invested at 9% compounded continuously is At) = 2000e0.0% dollars. (#) Write the rate-of-change function for the...

EXAMPLE: Use the formula for future value simple interest to find the indicated quantity. A = 22135, P = 19000, t = 39 weeks and find r =? Solution: A = P (1 + rt), Present Value (A) = 22135,...

The profit function for a computer company is given by P(c) = - + 30x - 22 where a is the number of units produced (in thousands) and the profit is in thousand of dollars. a) Determine how many...

Question 10 Not yet answered Marked out of 1.00 i7 Flag question A book shop business was bought with a 20% down payment of R177 175.00. The remainder of the amount was financed for 240 months at...

Can someone please help me I am so lost. Thank you Example 1 Classify the polynomial 2x* + x - 1 by its degree and number of terms. Because the greatest exponent is 4, this is a quartic polynomial....

Module 06Content Question 11 Point Question 21 Point Question 31 Point Question 41 Point Question 51 Point Question 61 Point Question 71 Point Question 81 Point Question 91 Point Question 101 Point...

The number of items in millions that a company sold from 1998 through 2004 is modeled as N x 0 1x x 3x 4 and the average price per item in dollars as P x 0 2x 5 where x represents the number of years...

Following are the account balances for the DC Company in 2018: Beginning of 2018 Ending of 2018 Direct materials inventory 26,500 27,000 Work-in-process inventory 30,500 28,400 Finished-goods...

Trevor Moore opened a law office on January 1, 2015. During the first month of operations, the business completed the following transactions: Jan. 1 Moore contributed $ 59,000 cash to the business,...

Revenues will Blank _ _ _ _ _ _ retained earnings, and expenses will Blank _ _ _ _ _ _ retained earnings. Multiple choice question. increase; decrease decrease; increase decrease; decrease increase;...

2023 1040 form 1.Phillip and Claire are married and file a joint return. Phillip is self-employed as a real estate agent, and Claire is a flight attendant. Phillip and Claire have three dependent...