Q:

In the first week of its release, the latest blockbuster movie sold $16.3 million dollars in tickets. the movie's producers use the formula pt = poe-0.4t to predict the number of ticket sales t weeks after a movie's release. po is the first week's ticket sales. what are the predicted ticket sales to the nearest $0.1 million for the sixth week of this movie's release? (note: t = 0 for the first week.)

Accepted Solution

A:
First you must make use of the exponential equation that gives you the problem, there you will define that for t = 0 you are in the first week. Therefore, there you have $ 16.3 million. For the sixth week you are at t = 5 and there you must evaluate the exponential equation for that time value (t = 5). The result will be the sale of tickets for the sixth week. The procedure is attached.