Estimate the company\'s profits on June 1st, 2002. Profits on June 1st, 2002: $

Question

Estimate the company's profits on June 1st, 2002.

Profits on June 1st, 2002: $

Estimate the company's profits many years into the future.

A once thriving company in Teaneck had its monthly profits, inthousands of dollars, modeled by the equation f(t) = frac{t^2 + 12}{0.8 t^2 + 4} . where t is in months after June 1st,2002. Graph this function on your calculator. Estimate the company^'s profits on June 1st, 2002. Profits on June 1st, 2002: dollar Estimate the company^'s profits many years into the future. Profits many years into the future: dollar

Explanation / Answer

On June 1st, t=0, so f(t)=12/4=3 So its profit is $3000 Now in the future we can see that the function will be approaching1.25 so $1250. I found this by taking the numerators leading coefficient thendividing it by the denominators leading coefficient. 1/.08 =1.25

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