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12 January, 08:36

An internet start-up predicts its revenue by a straight-line method with a slope of $7000 per month. In its 6 th month it had revenues of $45000. Find an equation for the revenue R as a function of the number of months T.

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  1. 12 January, 09:32
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    Given that the method of revenue calculation is straight line method, the equation modeling this will be given by:

    y=mx+c

    where:

    m=slope

    x=time

    c=initial value.

    from our question:

    slope, m=$7000

    time=T

    y (x) = R (t)

    hence the formula after the sixth month will be:

    R (t) = 7000T+45000
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