Question

The formula for estimating the number, N, of a certain product sold is N = 2800 ln(6t + 5), where t is the number of years after the product is introduced. What is the expected number of sales 2 years after the product is introduced? Round to the nearest whole number.

Answer 1

Answer:

2 years after the product is introduced the expected number of sales would be 7933.

Step-by-step explanation:

Given:

The formula $N=2800\ ln(6t+5)$

where N ⇒ Number of sales a certain product sold.

t  ⇒  number of years after the product is introduced

We need to find Number of sales 2 years after the product is introduced.

Solution:

Now we can say that;

to find Number of sales 2 years after the product is introduced we will substitute the value of t = 2 we get;

$N =2800 \ ln(6\times2+5)= 7932.99$

Rounding to nearest whole number we get;

$N=7933$

Hence 2 years after the product is introduced the expected number of sales would be 7933.