Problem 2021

Sales of Osgood’s Nature Soap have increased by 15% annually since 2000. Let f(t) be the annual sales if Osgood’s Natural Soap in thousands of bars, t years after 2000. The formula for f is:

f(t) = 5e0.14t

Answer the following question.

In how many years will the annual sales reach 10 thousand bars?

 

Solution:-

 

In how many years will the annual sales reach 10 thousand bars?

4.95

 

 

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