The point at which a company's costs equal its revenues is the break-even point. C represents the cost, in dollars, of x units o
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Answer:
The exponential Function is .
Farmer will have 200 sheep after <u>15 years</u>.
Step-by-step explanation:
Given:
Number of sheep bought = 20
Annual Rate of increase in sheep = 60%
We need to find that after how many years the farmer will have 200 sheep.
Let the number of years be 'h'
First we will find the Number of sheep increase in 1 year.
Number of sheep increase in 1 year is equal to Annual Rate of increase in sheep multiplied by Number of sheep bought and then divide by 100.
framing in equation form we get;
Number of sheep increase in 1 year =
Now we know that the number of years farmer will have 200 sheep can be calculated by Number of sheep bought plus Number of sheep increase in 1 year multiplied by number of years is equal to 200.
Framing in equation form we get;
The exponential Function is .
Subtracting both side by 20 using subtraction property we get;
Now Dividing both side by 12 using Division property we get;
Hence Farmer will have 200 sheep after <u>15 years</u>.
