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The Annual Profit ana _ { n } (In Millions of Dollars) for a Certain Company from 2000

Question 54

Multiple Choice

The annual profit ana _ { n } (in millions of dollars) for a certain company from 2000 to 2005 can be approximated by the model an=302.58e0.196n,a _ { n } = 302.58 e ^ { 0.196 n }, n=0,1,K,5n = 0,1 , K , 5 where nn represents the year, with n=0n = 0 corresponding to 2000. Use the formula for the sum of a finite geometric sequence to approximate the total profit earned during this six-year period. Round to the nearest ten-thousand dollars.


A) $3810.36 million
B) $4112.94 million
C) $3132.16 million
D) $2829.58 million
E) $2325.95 million

Correct Answer:

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