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The Sales of a Mature Product (One Which Has Passed St)=S0eat\left. \mathrm { S } ^ { \mathrm { t } } \right) = \mathrm { S } _ { 0 } \mathrm { e } ^ { - a t }

Question 18

Multiple Choice

The sales of a mature product (one which has passed its peak) will decline by the function St) =S0eat\left. \mathrm { S } ^ { \mathrm { t } } \right) = \mathrm { S } _ { 0 } \mathrm { e } ^ { - a t } , where t\mathrm { t } is time in years. Find the sales after 8 years if a=0.18\mathrm { a } = 0.18 and S0=48,500\mathrm { S } _ { 0 } = 48,500 .


A) 58,065
B) 5746
C) 245,075
D) 11,491

Correct Answer:

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