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Question

The projected total annual profits, in dollars, for the Nuntyme Clothing Company from 2002 to 2004 can be approximated by the model
2
E (13,567n + 294)
n=0

where n is the year, and n=0 represents 2002. Use this model to find the company's projected total annual profits, in dollars, for the period of 2002 to 2004.

(10 pts for best answer, i promise)

Answer 1

If n = 0 represents 2002, then n = 1 for 2003, and n = 2 for 2004. Plug that into the equation, and you'll get the profit for each year.