In 1990, the profit of the Gamma company was $11.900,848. Each year after 1990profits fell by \$48,263 on average Construct a li
near model for this scenario and use it to solve for the profits in the year 2020. Round your answer to a whole dollar
1 answer:
Answer:
$10452958
Step-by-step explanation:
Initial profit = $11900848
Fall rate= $48263 per year
Equation:
- P(x)= 11900848 - (x-1990)*48263,
where P(x)= profit at year of x, and 1990<x<2020
- P(2020)= 11900848- 30*48263= $10452958
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