View the step-by-step solution to:

# The annual revenue earned by Target for fiscal years 2004 through 2010 can be approximated by R ( t ) = 41 e 0.

The annual revenue earned by Target for fiscal years 2004 through 2010 can be approximated by

R(t) = 41e0.094t billion dollars per year    (0 ≤ t ≤ 7),

where t is time in years (t = 0

represents the beginning of fiscal year 2004). Suppose that, from the start of fiscal year 2004 on, Target invested its revenue in an investment that depreciated continuously at a rate of 4% per year. What, to the nearest \$10 billion, would the total value of Target's revenue from the beginning of fiscal year 2005 to the beginning of fiscal year 2010 have been at the beginning of fiscal year 2010?

The way to answer this question is ... View the full answer

1 comment
• actually in nearest 10 billion answer is \$ 250 billion
• May 03, 2018 at 11:36am

### Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

### -

Educational Resources
• ### -

Study Documents

Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

Browse Documents