Problem

Business: Research Expenditures An electronics company’s research budget is R(p) = 3p0.2...

Business: Research Expenditures An electronics company’s research budget is R(p) = 3p0.25, where p is the company’s profit, and the profit is predicted to be p(t) = 55+4t, where t is the number of years from now. (Both R and p are in millions of dollars.) Express the research expenditure R as a function of t, and evaluate the function at t = 5.

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