The profits for a company can be modeled by the logarithmic function P(t) = (3/2)log(2t + 1) With P in thousands of dollars and

Question

The profits for a company can be modeled by the logarithmic function
P(t) = (3/2)log(2t + 1) With P in thousands of dollars and tin years. What is the average increase in profit from year 2 to 3?
a) 219 dollars/year
b) 0.23 dollars/year
c) 4.39 dollars/year
d) 4386 dollars/year

Kunduz · Accepted Answer

Click to see the answer