From 1999 to 2004, the number of DVD players D(in millions) sold in the United States and the average price per DVD player P (in dollars) can be modeled by D= 4.11t + 4.44 and P= 6.8t2 - 61.7t + 265 where t is the number of years since 1999. Write a model for the total revenue R from DVD sales. According to the model, what was the total revenue in 2002?
+128663 From 1999 to 2004, the number of DVD players D(in millions) sold in the United States and the average price per DVD player P (in dollars) can be modeled by D= 4.11t + 4.44 and P= 6.8t2 - 61.7t + 265 where t is the number of years since 1999. Write a model for the total revenue R from DVD sales. According to the model, what was the total revenue in 2002?
----------------------------------------------------------------------------------------------------------------
The revenue would be the [number sold in millions] x [price in dollars] .....so in this case t = 3 and we have
R = [4.11(3) + 4.44] * [6.8(3)^2 - 61.7(3) + 265] = [16.77] * [141.1] = 2366.247 (in millions of dollars) =
$2,366,247,000
+128663 From 1999 to 2004, the number of DVD players D(in millions) sold in the United States and the average price per DVD player P (in dollars) can be modeled by D= 4.11t + 4.44 and P= 6.8t2 - 61.7t + 265 where t is the number of years since 1999. Write a model for the total revenue R from DVD sales. According to the model, what was the total revenue in 2002?
----------------------------------------------------------------------------------------------------------------
The revenue would be the [number sold in millions] x [price in dollars] .....so in this case t = 3 and we have
R = [4.11(3) + 4.44] * [6.8(3)^2 - 61.7(3) + 265] = [16.77] * [141.1] = 2366.247 (in millions of dollars) =
$2,366,247,000
