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The Hershey Company is the largest US producer of chocolate. In 2011, annual net sales were...

The Hershey Company is the largest US producer of chocolate. In 2011, annual net sales were 6.1 billion dollars and were increasing at a continuous rate of 7% per year (a) Write a formula for annual net sales, S, as a function of time, t, in years since 2011.

S=___________________   billion.

(b) Estimate annual net sales in 2015. Round your answer to two decimal places.

Annual net sales will be approximately _________ billion dollars in 2015.

(c) Use a graph to estimate the year in which annual net sales are expected to pass 10 billion dollars and check your estimate using logarithms. Round the exact value of t to 2 decimal places.

Annual net sales are predicted to pass 10 billion dollars when t=

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Answer #1

eo.oft = 10 To estimate the annual net sales in 2015 we will Compute s(4). From the previous exercise we found that the formuFrom the graph bellow we estimate that & S(7) 210 10 sales 6 dollars 4 2 2 4 6 8 10 t( years from 2011 The year 2017 in which

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