If the original price of $100 is decreased by 10% and subsequently
1 answer:
You might be interested in
Answer:
The future value of all of this money at the end of the 92nd day, at the end of August was obtained to be $3,260,336.48
Step-by-step explanation:
The complete question is attached to this solution
From the question,
The revenue per day is given as
f(t) = 300 + 4.5t - 0.05t² for 0≤t≤92
The future value is also given in the question. Note that this figure value is compounded over day 0 to 92.
So, a = 0, b = 92, r = 1.05
This integral is evaluated and presented in the attached images to this question.
The integral is evaluated on the second, third and fourth attached images to this solution.
Hope this Helps!!!
