Question

A company's revenue can be modeled by r -2-23t+64 where r s the revenue (in milions revenue was or will be $8 million. of dollars) for the year that is t years since'2005 Predict when the Predict when the revenue was or will be $8 million. (Use a comma to separate answers as needed Round to the nearest year as needed)

Answer 1

Answer: In year 2008 ( After 3 years since 2005)

Explanation: The given equation is incomplete. The equation for the revenue is assumed to be r = 2-23t + 64

When the revenue reaches $ 8 million, the equation is shown below:

8 = 2 -23t + 64

23t = (2 + 64) / 8

t = 2.52 years

Rounding up the years,

t = 3 years

3 years after 2005 = 2005 + 3 = 2008

In year 2008, the revenue will be $8 million.