Question

The following equation represents the revenue of a company R, in millions of dollars per year, expected for year t, where 2010 is t = 0

R=6,000e0.03t
In the equation above, what does the number 6,000 represent?

Answer 1

revenue in 2010

Explanation:

6,000 is the value of R when t=0, so is the revenue (in millions) of the company in the year 2010.