The sales S of a product have declined in recent years There were 202 million sold in 1984 and 1 2 million sold in 1994 Assume

Question

The sales S of a product have declined in recent years There were 202 million sold in 1984 and 1 2 million sold in 1994 Assume the sales are decreasing according to t exponential decay model S t Spe a Find the value k and write an exponential function that describes the number sold after time t in years since 1984 b Estimate the sales of the product in the year 2002 c In what year theoretically will only 1 of the product be sold a Rounded to six decimal places k

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