Asked by Amanda
Annual sales of fountain pens in Littleville are 2,000 per year and are increasing by 10% per year. How many fountain pens will be sold over the next five years? Use an integral to solve this problem.
I just need help setting the problem up - thank you!
I just need help setting the problem up - thank you!
Answers
Answered by
Steve
1.1 times as many pens are sold each year, so after t years the sales will be
2000 * 1.1^t
To get the sum of all sales, do the integral
∫[1,5] 2000 * 1.1^t dt
You need to check on how to integrate
a^t for any constant a
2000 * 1.1^t
To get the sum of all sales, do the integral
∫[1,5] 2000 * 1.1^t dt
You need to check on how to integrate
a^t for any constant a
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