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For the years since a department store has been open, its annual revenue, R, (in millions of dollars) can be modeled by the function graphed below, where t is the number of years since the store opened. 2 1.8 1.6 1.4 1.2 1 0.8 0.6 0.4 0.3 ㅇ -0.2 -0.4 -0.6 -0.8 -1 R (t) R 2 4 6 8 10 12 14 16 How should the average rate of change between t=0 and t=6 be interpreted? O Revenue increased on average by about $35,000 per year over the first six years after the store opened O Revenue increased on average by about $200,000 per year over the first six years after the store opened. O Revenue increased on average by about $350,000 per year over the first six years after the store opened O Revenue increased on average by about $1,580,000 per year over the first six years after the store opened. Question navigation

For the years since a department store has been open, its annual revenue, R, (in millions of dollars) can be modeled by the function graphed below, where t is the number of years since the store opened. 2 1.8 1.6 1.4 1.2 1 0.8 0.6 0.4 0.3 ㅇ -0.2 -0.4 -0.6 -0.8 -1 R (t) R 2 4 6 8 10 12 14 16 How should the average rate of change between t=0 and t=6 be interpreted? O Revenue increased on average by about $35,000 per year over the first six years after the store opened O Revenue increased on average by about $200,000 per year over the first six years after the store opened. O Revenue increased on average by about $350,000 per year over the first six years after the store opened O Revenue increased on average by about $1,580,000 per year over the first six years after the store opened. Question navigation

College Algebra
College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.7: Exponential And Logarithmic Models
Problem 14TI: The half-life of plutonium-244 is 80,000,000 years. Find function gives the amount of carbon-14...
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29. For the years since a department store has been open, its annual revenue, R, (in millions of dollars) can be modeled by the function graphed below, where t is the number of years since the store opened. 

 

For the years since a department store has been open, its annual revenue, R, (in millions of dollars) can be modeled by the function graphed below, where t is the number of years since the store opened. 2 1.8 1.6 1.4 1.2 1 0.8 0.6 0.4 0.3 ㅇ -0.2 -0.4 -0.6 -0.8 -1 R (t) R 2 4 6 8 10 12 14 16
Transcribed Image Text:For the years since a department store has been open, its annual revenue, R, (in millions of dollars) can be modeled by the function graphed below, where t is the number of years since the store opened. 2 1.8 1.6 1.4 1.2 1 0.8 0.6 0.4 0.3 ㅇ -0.2 -0.4 -0.6 -0.8 -1 R (t) R 2 4 6 8 10 12 14 16
How should the average rate of change between t=0 and t=6 be interpreted? O Revenue increased on average by about $35,000 per year over the first six years after the store opened O Revenue increased on average by about $200,000 per year over the first six years after the store opened. O Revenue increased on average by about $350,000 per year over the first six years after the store opened O Revenue increased on average by about $1,580,000 per year over the first six years after the store opened. Question navigation
Transcribed Image Text:How should the average rate of change between t=0 and t=6 be interpreted? O Revenue increased on average by about $35,000 per year over the first six years after the store opened O Revenue increased on average by about $200,000 per year over the first six years after the store opened. O Revenue increased on average by about $350,000 per year over the first six years after the store opened O Revenue increased on average by about $1,580,000 per year over the first six years after the store opened. Question navigation
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