The annual net sales (revenue) earned by Nintendo Co., Ltd., in the fiscal years ending March 31, 1995 to March 31, 2003, can be approximated by billion yen per year
where
is time in years (
represents March 31, 2000) . Suppose that, from April 1994 on, Nintendo invested its revenue in an investment yielding 3% compounded continuously. What, to the nearest
billion, would the total value of Nintendo s revenue have been by the end of March 2003?
A)
B)
C)
D)
E)
Correct Answer:
Verified
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