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?
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- actually in nearest 10 billion answer is $ 250 billion
- May 03, 2018 at 11:36am