11.02.2023

Two companies modeled their profits for one year. company a used the function p(t)=1.8(1.4)^t to represent its monthly profit, p(t), in hundreds of dollars, after t months, where 0 < t ≤ 12. company b used the data in the table to write a linear model to represent its monthly profits. which statement describes the relationship between the profits, predicted be the models, of the two companies?

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17.02.2022, solved by verified expert
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Option B is the correct answer.

Step-by-step explanation:

Two companies modeled their profits for one year.

(1) Company A used the function P (t) = Two companies modeled their profits for one year., №15221179, 11.02.2023 11:48 to represent its monthly profit in hundreds of dollars after time t.

(2) Company B used the data of the table to write a linear model to represent its monthly income.

Let the linear function is P (t) = mt + c

where m is the slope of the line and c is y - intercept.

As per data we find two points (3.5) and (4.10) lying on the line.

so slope of the line = Two companies modeled their profits for one year., №15221179, 11.02.2023 11:48

and point (3.5) passes through the given line

so,  5 = 5 × 3 + c

      5 = 15 + c

      c = 5 - 15 = - 10

So function will be P (t) = 5t-10

Now at t = 4

Company (A) profit P(4) =  Two companies modeled their profits for one year., №15221179, 11.02.2023 11:48 = 6.91

Company (B) profit p (4) = 5 × 4 - 10 = 10

so at t = 4 profits of Company B are more than Company A.

At t = 12

Company A  profit P (12) =  Two companies modeled their profits for one year., №15221179, 11.02.2023 11:48  = 102.05

Company B  profit P (12) = ( 5×12 ) - 10 = 66 - 10 = 50

So profit of company A is more at the end of the year.

Option B is the answer.

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We know the equation for company A is P(t) = 1.8(1.4)ᵗ.

and what we know about company B is that their equation is linear, and we also have 3 months in a table of values, and we can simply use two points from there to get the equation of company B, let's do so using (3,5) and (7, 25),

Two companies modeled their profits for one year., №15221179, 11.02.2023 11:48

now, the end of the year will be at the twelfth month, namely t = 12, and the four month well we know that t = 4.

how did each one fare?

Two companies modeled their profits for one year., №15221179, 11.02.2023 11:48

so, notice, on the fourth month B did better than A, but at the end of the year, A ended up better off than B.
Two companies modeled their profits for one year., №15221179, 11.02.2023 11:48
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Faq

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