after a new firm starts in business, it finds that its rate of profits after t years of operation is given by dP/dt=3t^2+10t+8. find the profit in year 7 of the operation
Is there no other initial information? You can integrate that to get P(t), but that'll include an arbitrary +C constant.
I suppose you can assume P=0 at t=0?
yes
Ok, do you know how to integrate polynomials?
yes I do I get t^3+5t^2+8t
Ok, then with the assumption that P(0)=0, find P(7).
I did but I get 833 but the answer is 20,000 dont know how
20,000? Are you sure there isn't any other information? How did you get 833? I did what I think you did and got 644.
yupe thats all I have as info
*scratches head* ermmm . . . I don't know then. If dP/dt = 3t^2+10t+8 then P(t)=t^3+5t^2+8t assuming P(0)=0. P(7) = (7)^3+5(7)^2+8(7) = 644. I have no idea how a 20,000 could come out of that.
thanks :((
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