Math Problem Statement

The function S = 50,000e−0.2x models sales decay for a given product. The variable S represents the monthly sales and the variable x represents the number of months that have passed since the promotional campaign ended. If 9 months have passed since the promotional campaign ended, then x =
Correct: Your answer is correct. can be substituted into the given function to compute the sales, S, for this product at this point in time. Correct: Your answer is correct.

Since S is measured in dollars, round the answer to the nearest cent (hundredth). Nine months after the promotional campaign ends, the sales are predicted to be $

Solution

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Math Problem Analysis

Mathematical Concepts

Exponential Decay
Sales Modeling
Algebra

Formulas

S = 50,000e^{-0.2x}

Theorems

Exponential Decay Formula
Euler's Number (e)

Suitable Grade Level

Grades 10-12