After discontinuing all advertising for a tool kit in 2007, the manufacturer noted that sales began...

After discontinuing all advertising for a tool kit in 2007, the manufacturer noted that sales began to drop according to the model

S =

600,000/1+0.3e^kt
t = 7 where S represents the number of units sold and

represents 2007. In 2009, 400,000 units were sold.

(a) Complete the model by solving for k. (Round your answer to three decimal places.)
k =

(b) Estimate sales in 2016. (Round your answer to the nearest whole number.)
S = units sold

Expert Solution

milcah answered 3 years ago

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After discontinuing all advertising for a tool kit in 2007, the manufacturer noted that sales began...

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