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10 February, 19:27

The formula for estimating the number, N, of a certain product sold is N = 8800ln (7t + 9), 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.

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  1. 10 February, 21:23
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    To determine or predict the expected number of sales after 2 years, we substitute 2 to the t of the givne equation.

    N = (8800) xln (7 (2) + 9)

    N = 27,592.34

    Thus, it is expected that the number of sales after 2 years is 27,592 units.
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