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CAHSEE Math: Algebra and Functions Drill 5, Problem 3. Solve the equation.
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SAT Math: Plugging in Data from Word Problems to Find the Difference in Equations 0 Views
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A businessman invests $3000 in Company A. The revenue he earns from this investment can be modeled by 3000(1.1)t where t is the number of years that have passed since his initial investment. At the same time that this businessman invests in Company A, his neighbor, a salesman, starts to make money by selling microchips. The salesman estimates the revenue from his business can be modeled by 700t, where t is the number of years that have passed since he started selling microchips. After 10 years, what is the difference in revenue for these particular business dealings between the two neighbors? Round your answer to two decimal places.
A businessman invests $3000 in Company A. The revenue he earns from this investment can be modeled by 3000(1.1)t where t is the number of years that have passed since his initial investment. At the same time that this businessman invests in Company A, his neighbor, a salesman, starts to make money by selling microchips. The salesman estimates the revenue from his business can be modeled by 700t, where t is the number of years that have passed since he started selling microchips. After 10 years, what is the difference in revenue for these particular business dealings between the two neighbors? Round your answer to two decimal places.
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