ShmoopTube
Where Monty Python meets your 10th grade teacher.
Search Thousands of Shmoop Videos
SAT Math: Plugging in Data from Word Problems to Find the Difference in Equations 0 Views
Share It!
Description:
A businessman invests $3000 in Company A. The revenue he earns from this investment can be modeled by 3000(1.1)t where t is the number of years that have passed since his initial investment. At the same time that this businessman invests in Company A, his neighbor, a salesman, starts to make money by selling microchips. The salesman estimates the revenue from his business can be modeled by 700t, where t is the number of years that have passed since he started selling microchips. After 10 years, what is the difference in revenue for these particular business dealings between the two neighbors? Round your answer to two decimal places.
Up Next
SAT Math 1.1 Algebra and Functions. Find an algebraic equation to correspond with the data.
Related Videos
SAT Math 1.1 Geometry and Measurement. What is the circumference of the circle?
SAT Math 1.1 Numbers and Operations. How many combinations of beverage and cereal can be made?
SAT Math 1.1 Statistics and Probability. In which of the following data sets are the arithmetic mean and the median equal?
SAT Math: Algebra and Functions Drill 1, Problem 2. Based on the data in the table, what is the maximum heart rate for the average 22-year-old?