20. Total revenue. Intel, a computer chip manufacturer, reported $1265 million in total revenue in 1986. In 2016, the total revenue was $59.4 billion. (Source: intel. com.) Assuming an exponential model, find the growth rate k, to four decimal places, and determine the rev- enue function R, with R(t) in billions of dollars, t years after 1986. Then predict the company's total revenue for 2025.
20. Total revenue. Intel, a computer chip manufacturer, reported $1265 million in total revenue in 1986. In 2016, the total revenue was $59.4 billion. (Source: intel. com.) Assuming an exponential model, find the growth rate k, to four decimal places, and determine the rev- enue function R, with R(t) in billions of dollars, t years after 1986. Then predict the company's total revenue for 2025.
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 29PT: A radiation safety officer is working with 112 grams of a radioactive substance. After 17 days,...
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