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A Pharmaceutical Company Introduces a New Headache Medication on the Market

Question 151

Multiple Choice

A pharmaceutical company introduces a new headache medication on the market. They advertise the product on television and find that the percentage P of people who buy the product after t weeks satisfies the function P(t) =100%1+37e0.13t\mathrm { P } ( \mathrm { t } ) = \frac { 100 \% } { 1 + 37 \mathrm { e } ^ { - 0.13 \mathrm { t } } } What percentage buy the product after 16 weeks? Round to the nearest tenth of a percent
When necessary.


A) 17.8%
B) 21.3%
C) 14.2%
D) 19.6%

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