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