Math Problem Statement

Jake owns two gas stations in town. The projected revenue of the first gas station for the next 12 months is

0.3t2 + 150t    (0 ≤ t ≤ 12) 

thousand dollars t months from now. The projected revenue of the second gas station for the next 12 months is

0.8t2 + 300t    (0 ≤ t ≤ 12) 

thousand dollars t months from now. Find an expression that gives the amount by which the revenue of the second gas station will exceed that of the first gas station in month t (0 ≤ t ≤ 12).

Solution

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Math Problem Analysis

Mathematical Concepts

Quadratic Equations
Algebraic Subtraction
Revenue Functions

Formulas

First gas station revenue: R1(t) = 0.3t^2 + 150t
Second gas station revenue: R2(t) = 0.8t^2 + 300t
Difference in revenues: ΔR(t) = R2(t) - R1(t) = 0.5t^2 + 150t

Theorems

Basic Algebraic Operations
Polynomial Simplification

Suitable Grade Level

Grades 9-12