The average monthly sales $y$ (in billions of dollars) in retail trade in the United States from 1996 to 2005 can be approximated by the model $y = 22 + 117 \ln t,$ $6 \leq t \leq 15$ where $t$ represents the year, with $t = 6$ corresponding to 1996. Estimate the year in which the average monthly sales first exceeded $310 billion.
A)2001
B)2004
C)2002
D)2000
E)1996

Question

Quizplus · Accepted Answer

The Answer of The average monthly sales $y$ (in billions of dollars) in retail trade in the United States from 1996 to 2005 can be approximated by the model $y = 22 + 117 \ln t,$ $6 \leq t \leq 15$ where $t$ represents the year, with $t = 6$ corresponding to 1996. Estimate the year in which the average monthly sales first exceeded $310 billion.
A)2001
B)2004
C)2002
D)2000
E)1996

The Average Monthly Sales yyy (In Billions of Dollars) in Retail Trade in the United

The Average Monthly Sales $y$ (In Billions of Dollars) in Retail Trade in the United