Food bill before tax $62 Sales tax: 8% Tip: 15% What is the tax?
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The function that models the profit of the company in million of dollars is:
where x represents the number of years since the company started. We want to find when the profit of the company was $4 million. Setting P as 4 in above equation, we can find the value of x when the profit was $4 million.
Thus, we can conclude that the profit of the company was $4 million in 2nd and 4th year
where x represents the number of years since the company started. We want to find when the profit of the company was $4 million. Setting P as 4 in above equation, we can find the value of x when the profit was $4 million.
Thus, we can conclude that the profit of the company was $4 million in 2nd and 4th year