The growth of a company can be described by the equation N = 500(0.02)0.7t where t is
Question:
N = 500(0.02)0.7t
where t is the number of years the company has been in existence and N is the number of employees.
(a) What is the number of employees when t = 0?
(This is the number of employees the company has when it starts.)
(b) What is the number of employees when t = 5?
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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